Dear Esteemed Clients,

Due to exceptional volatility and liquidity constraints in the London silver market, Silver (XAGUSD) has been placed in Close-Only Mode, effective immediately.

If you currently hold open silver positions, please ensure your account maintains sufficient equity to manage potential price swings, widened spreads, reduced liquidity, and swap rate adjustments during this period.

This action follows ongoing structural imbalances and tight physical supply conditions, driven by substantial outflows from London vaults to COMEX warehouses in the U.S. These shifts have pushed silver prices to multi-year highs, intensifying market volatility.

While this measure is active, clients can only close or reduce existing XAGUSD positions; opening new positions will be temporarily unavailable. We also advise caution when holding overnight positions, as swap rates may fluctuate significantly.

Our Risk Team continues to monitor developments closely and will reinstate full trading functionality once market stability improves.

We appreciate your understanding and cooperation as we prioritize client protection and trading integrity.

For further assistance, please get in touch with your Account Manager or email us at support@mhmarkets.com.

Thank you for your continued trust in MH Markets.