UK General Election on July 4th 2024

03.07.24
UK General Election on July 4th 2024

Dear Clients,

We want to notify you that due to the upcoming UK General Election on July 4th 2024, the market anticipates a likelihood of a significant turbulence/volatility expected. These events will possibly lead to extreme market volatility, for all FX major and cross pairs involving GBP & EUR.

In order to protect themselves and also their clients many of our leading Banks / Liquidity Providers has already increased the margin on GBP & EUR pairs to 2%. PFD-NZ has not implemented the same to its clients. If there are any high market volatility in GBP & EUR pairs, we may be forced to apply these changes to comply with our liquidity providers' terms and conditions.

It is strongly recommended that you monitor closely your accounts in the next days to make sure you have enough funds to sustain any open positions.

Should you have any questions, our friendly Client Service team is ready to assist you 24/5.

We wish you successful trading!

Kind regards,
Support Team
Pacific Financial Derivatives Limited
Email id: [email protected]
www.pfd-nz.com

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