FxPro Alters Trading Conditions Ahead of Tight US Election

by Jeff Patterson
  • FxPro will be implementing a number of changes to select trading instruments, beginning later today.
FxPro Alters Trading Conditions Ahead of Tight US Election
Bloomberg

The US election is almost here and polling suggests an extraordinarily tight race, a departure from just two weeks ago when the race was looking to be a landslide for Hillary Clinton. As a result, several brokers are adjusting their leverage requirements in anticipation of heightened Volatility in a bid to protect their customers. FxPro is the latest broker to alter the trading conditions of select trading instruments, beginning as early as today.

Don't miss your last chance to sign up for the FM London Summit. Register here!

As Liquidity is likely to be reduced, coupled with widening spreads, several trading instruments may be affected, namely in the result of a close electoral result or in extreme cases, in the event of a tie. Markets are presently pricing in a Clinton victory, which would suggest a Donald Trump win could convulse markets.

Beginning today at 19:00 BST (14:00 EST) new positions will adhere to a number of leverage changes due to the election. The changes will affect foreign exchange (FX) pairs, commodities, indices, and spreads and can be read below.

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A full list of changes to margin requirements or leverages by brokers around the industry can be seen by accessing the following link.

The US election is almost here and polling suggests an extraordinarily tight race, a departure from just two weeks ago when the race was looking to be a landslide for Hillary Clinton. As a result, several brokers are adjusting their leverage requirements in anticipation of heightened Volatility in a bid to protect their customers. FxPro is the latest broker to alter the trading conditions of select trading instruments, beginning as early as today.

Don't miss your last chance to sign up for the FM London Summit. Register here!

As Liquidity is likely to be reduced, coupled with widening spreads, several trading instruments may be affected, namely in the result of a close electoral result or in extreme cases, in the event of a tie. Markets are presently pricing in a Clinton victory, which would suggest a Donald Trump win could convulse markets.

Beginning today at 19:00 BST (14:00 EST) new positions will adhere to a number of leverage changes due to the election. The changes will affect foreign exchange (FX) pairs, commodities, indices, and spreads and can be read below.

1
2

A full list of changes to margin requirements or leverages by brokers around the industry can be seen by accessing the following link.

About the Author: Jeff Patterson
Jeff Patterson
  • 5341 Articles
  • 90 Followers
About the Author: Jeff Patterson
Head of Commercial Content
  • 5341 Articles
  • 90 Followers

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