Important Update: Entitlements Policy

 

Important Update: Entitlements Policy

July 31, 2018

Important Update: Entitlements Policy

Dear Manager,

As an update and a reminder of a previous communication on the subject, we will be adjusting our entitlements policy as follows:
Effective Friday, August 3, 2018, traders will be charged for all entitlements which are enabled for that trader in Metro, regardless of whether or not the trader has executed a trade on the respective markets for which he is entitled.
This is in contrast to the previous policy that was in place, where traders were only charged for assigned entitlements if a trade was executed in the respective market.
To avoid incurring additional entitlement costs, please review all assigned entitlements in Metro and remove any entitlements for markets in which your trader(s) will not be active.
As an extension of the entitlements grace period, you will not be charged entitlements for July and August provided that entitlements are removed before the end of the week (i.e., Friday, August 3, 2018) and the trader has not executed a trade in the respective markets.
Note: the policy is unchanged when it comes to trading without assigned entitlements. If a trader executes a trade in a market for which he does not have any entitlements enabled, he will be charged for all available entitlements for that market.
If you have any questions or comments, please create a mojo.

Regards,

Communications Team

*Remember to access our Public Wiki and Knowledge Base to learn more and contribute with our Day Trading community.

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