Prepare for 2024 U.S. Election Market Volatility
NOTIFICATIONS
With the U.S. election approaching on 5 November 2024, we want to help you navigate potential market changes during this period of heightened volatility. Please keep the following in mind:
1. Manage Volatility & Liquidity
The election is expected to bring significant market movements and possible changes in liquidity, which could affect trading costs. We recommend monitoring your positions closely and ensuring sufficient margin coverage.
2. Adjustments to Trading Conditions
Vantage may adjust leverage or margin requirements based on market conditions. For instance, maximum margin requirements could increase up to twice their original amount (e.g. from $250 to $500 for 1 lot of XAUUSD). We would like to remind you to ensure that your account balances are sufficient to accommodate these potential changes.
3. Potential Trading Opportunities
Major events like this can create substantial trading opportunities. Consider adding funds to maintain flexibility so you can take advantage of potential price movements.
4. Stable Trading Conditions
Vantage remains committed to providing stable and competitive spreads, particularly on gold, Bitcoin, and oil, to support your trading needs during volatile periods.
We are here to support you as you navigate the upcoming election and any potential market fluctuations it may bring. Should you have any questions, please do not hesitate to contact our team at [email protected].