Volatility Alert on “Frexit” the French Presidential Election on April 23rd

April 18, 2017

Notice : French Presidential Election on the 23rd April.

Volatility Alert on “Frexit” the French Presidential Election on April 23rd

 In anticipation of French Presidential Election, we would like to give you a heads up on potential market volatility.

The first round of the French Presidential Election is being held on Sunday the 23rd of April 2017 and it may lead to the vote for “Frexit” deciding whether France should leave or remain in the European Union.

In the above situation the global financial markets will likely experience increased volatility creating wider spreads and period of reduced liquidity with the wider market gap.

As broker has the duty to protect its clients’ best interest, we would like to inform you that they may increase the required margin of all clients’ live account(s) prior to the election.

Details of the margin rate changes and timing will be further communicated this week and these temporary risk parameters may persist for an extended period of time depending on the market reaction to the election results.

If you have any further questions or concerns, please contact your broker’s support team.

French Elections: The Vote That Could Devastate The EURO

Whilst market pundits are split on who is likely to take the Presidential title, all agree that the vote outcome may mean bad news for the European Union and for the Euro.

The impact of the French elections will have consequences beyond France and beyond Europe, and is likely to impact on the global economy.

Whilst the elections promise to provide trading opportunities on a volatile Euro, FXPrimus advises traders to trade with caution during the run up to the elections.

Visit FXPrimus hot topics page on the French Elections in order to prepare your trading strategy today.

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