Sydney – June 14, 2016
In light of significantly increased volatility in global financial markets due to the upcoming Brexit Referendum, Vantage FX has conducted a review of our risk management policies with the intention of providing a more secure trading environment for our clients.
As a result of this review, we have decided to implement a two stage adjustment to trading conditions as a temporary measure leading into the Brexit Referendum:
Please be aware of increased volatility risks in the period leading up to, during as well as following the Brexit vote:
– Violent whipsawing price action, especially in GBP related pairs.
– The possibility of significant price gaps, meaning stop losses may not be triggered at the price you would expect.
– Liquidity issues which may result in slippage surrounding the vote.
Vantage FX reserves the right to increase temporary margin requirements at our discretion as a client protection measure. While we intend to return to normal margin requirements following the vote, we will monitor events closely and keep our clients updated.
As a reminder, client funds are held in segregated funds held by National Australia Bank (NAB) separate from Vantage FX company funds as required by ASIC regulations. If you have any queries, feel free to contact your Account Manager or our Support Team at email@example.com.
We are here to assist you 24 hours a day, 5 days a week, if you have any questions or require assistance with the above please do not hesitate to contact us using the details listed below.
For more information
Contact: David Bily
Phone: +61 1300 945 517
About Vantage FX:
Vantage FX are a multi-award winning Australian Forex Broker providing innovative online Forex trading capabilities to clients globally. Vantage FX continually strives to provide a client-friendly, interactive Forex experience with trading accessibility across a variety of platforms all with the tightest spreads. Vantage FX was the first to offer combined Binary Options and Forex Trading on the one MT4 platform. Vantage FX is an authorised representative of Vantage Global Prime Pty Ltd (AFSL 428901) and regulated by Australian Securities and Investments Commission (ASIC).