As the upcoming EU referendum approaches, we would like to bring to your attention some important Best Execution Alerts that you need to consider for your strategy during this expectedly volatile period. - Abnormal Spreads might be expected
- Thin Liquidity might be expected
- Speed of execution might be severely affected
- Gaps are expected upon release of the first voting results
- Order Requested price from actual fill price might differ significantly
- Abnormal Slippage might occur for all order types across all servers
- Higher than Normal Re-quotes are expected in our instant execution servers
- An increased amount of Rejections is expected across all servers
- Trading Breaks with Close-Only and/or No-Trade (Indicative Pricing) are very likely
- Margin Reductions might be applied to all existing and new positions
Please note that FXTM has been and will be in close communication with all of our top tier liquidity providers in order to ensure our clients get the best possible trading experience during this unforeseen event. With that said, we strongly recommend that you take into consideration the above Best Execution Alerts when you plan your trading strategy for the upcoming days. Thank you, The FXTM Team. |
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