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New Reduced Digit on Silver

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As part of ICM Capital's commitment to continuously improve our services, we would like to inform you that we have lowered the digit on Spot Silver to 2 digits effective 12th August 2013.

Instrument Description 3 Digit 2 Digit
Silver Spot Silver 19.906 19.91

*There is no change in pip value/margin requirement and spread, therefore, you can close existing positions opened in 3 digits with the new quote.
To view tick size and margin requirement please click http://www.icmcapital.co.uk/accounts/products/otc-precious-metals/#top
We believe that decreasing the digits on Silver from 3 digits to 2 digits will be beneficial to customers and enhance their trading experience and minimise re-quotes, as well as improve the way ICM Capital delivers its trading service.
We thank you for your confidence in ICM Capital.
In case of any query please do not hesitate to contact our customer service at clientservices@ICMCapital.co.uk and we will endeavour to help you as best we can..

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Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. CFDs and Spot FX are leveraged products. Trading CFD's or Spot FX carries a high risk to your capital and can result in losses that exceed your deposits. You should not engage in this form of investing unless you understand the nature of the Transaction you are entering into and the true extent of your exposure to the risk of loss. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based.