Be careful! High risk event ahead!

This week we’ve seen economic fragility, an excess of corporate debt and little left to give from the major central banks.

We at BrozBot care about your money and it is our duty to warn you about the risks ahead. Market consensus believes that we’ll see traders taking a risk-off approach into the weekend, and on balance the news flow is likely to stay bearish.

Either way, there’s a clear risk for traders and a material risk that prices gap lower (or higher) on re-opening of markets in Asia, monday morning.

It’s important you monitor your balances, ensure you have funds available and appropriate risk management in place to reduce the impact of gapping risk on your portfolio.

Reminder: risks of trading during periods of high volatility

Wider spreads: during periods of increased volatility around major political events, underlying market spreads can often be wider than in normal trading conditions. Please take this into account over the event.

Margin requirement: please ensure that you monitor your balances at all times. We strongly recommend that you keep your account appropriately funded to maintain any current positions.

Fast moving, news driven markets: Monday could see violent and sudden moves as markets open around the world.

Again, consider the risks involved during periods of extreme volatility.

Good Luck!