There are numerous risks impacts that we are observing in global market conditions, including but not limited to extremely high volatility across the markets leading to sharp moves in metals, indices and even currencies. With this email we would like to make you aware of some of the major events and the significant impacts these events have on trading as we are seeing in the market.
What’s happening in the market?
What does this mean to you?
It is important to understand that these conditions are caused by the extraordinary events we are seeing around the world and uncertainty in global markets is impacting trading conditions at all brokers and financial institutions.
What should clients do?
It is extremely important for the clients to be fully aware of the underlying market conditions and plan their trading accordingly. As uncertainty grips the market, Liquidity Providers and Banks retreat. As a result of this, your stop orders may incur greater slippage and stop out levels may be significantly above or below where you expect to be executed.
We have adjusted our spread filters and maximum spread settings to ensure that pricing is available for all of our markets and all of customers. While we are taking every measure to help protect our customers from such unprecedented volatile spikes in the spreads, it is expected that the clients remain vigilant to the increased risks of slippages and stop outs, and take necessary action on their trades ensuring they have full margin covered to support their trades.
We recommend that you monitor positions carefully and maintain a sufficient account surplus throughout this period.
Vantage FX will continue to communicate with you about the impacts the Corona Virus is having on global markets and how this can affect your trading. If you have any queries, feel free to contact [email protected]
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