Admiral Markets Launches New ‘Volatility Protection’ Tool

by Aziz Abdel-Qader
  • The new feature provides clients with an effective way to mitigate risk of unexpected volatility.
Admiral Markets Launches New ‘Volatility Protection’ Tool
Finance Magnates

Admiral Markets, a provider of foreign exchange (FX) and contracts-for-difference (CFDs), has just informed its clients that a ‘price tolerance’ tool was released under the name Volatility Protection Settings in a bid to offer improved service and better functionality.

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The new feature provides FCA regulated broker’s clients with an effective way to mitigate risk of unexpected volatility. In practice, the trader’s order limit order will only be executed if a price can be obtained within a pre-defined price range, which helps provide limits of slippage and grants the ability to cancel orders on price gaps with no losses.

Moreover, this feature allows trader to minimise the market risk associated with stop orders through trade cancellation on price gaps, or by defining a slippage range where he feels comfortable with the order being executed.

For applicable accounts, additional advantages include the ability to fill an order at the nearest available price in case it wasn’t executed due to low Liquidity conditions although the specified trigger level was already reached on a market spike or so. In similar volatile markets, the client can avoid to enter in unintended trades or being stopped out by spread widening during volatile conditions such as important news releases.

Also, it is worth noting that the new addition offers clients partial fills on their trades. If the client chooses to use this feature, Admiral Markets will partially fill the order as an alternative to an outright rejection. So if you trade in a large size that the broker cannot fill its entire order, rather than reject your order Admiral Markets will be able to fill it in the maximum size possible.

Admiral Markets, a provider of foreign exchange (FX) and contracts-for-difference (CFDs), has just informed its clients that a ‘price tolerance’ tool was released under the name Volatility Protection Settings in a bid to offer improved service and better functionality.

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

The new feature provides FCA regulated broker’s clients with an effective way to mitigate risk of unexpected volatility. In practice, the trader’s order limit order will only be executed if a price can be obtained within a pre-defined price range, which helps provide limits of slippage and grants the ability to cancel orders on price gaps with no losses.

Moreover, this feature allows trader to minimise the market risk associated with stop orders through trade cancellation on price gaps, or by defining a slippage range where he feels comfortable with the order being executed.

For applicable accounts, additional advantages include the ability to fill an order at the nearest available price in case it wasn’t executed due to low Liquidity conditions although the specified trigger level was already reached on a market spike or so. In similar volatile markets, the client can avoid to enter in unintended trades or being stopped out by spread widening during volatile conditions such as important news releases.

Also, it is worth noting that the new addition offers clients partial fills on their trades. If the client chooses to use this feature, Admiral Markets will partially fill the order as an alternative to an outright rejection. So if you trade in a large size that the broker cannot fill its entire order, rather than reject your order Admiral Markets will be able to fill it in the maximum size possible.

About the Author: Aziz Abdel-Qader
Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers
About the Author: Aziz Abdel-Qader
  • 4985 Articles
  • 31 Followers

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