Titan FX, 2017 French Election: Volatility and Opportunity – Margin Changes
In accordance with the second round of voting in the French General Election on Sunday 7th of May, TitanFX is going to change MT4 leverage to prepare for the expected high market volatility.
The Leverage on TitanFX MT4 will be in place from Thursday 4th May until Monday 8th May, as follows:
|Affected Symbols||Maximum Leverage|
|EUR currency pairs||100:1|
|Other currency pairs||200:1|
Further restrictions on trading, including further leverage reductions, may be introduced at any stage dependent on market conditions.
Please ensure that your account is adequately funded to manage your open positions, and to take advantage of opportunities that may present themselves through this volatile period.
What is happening on the French Election?
France returns to the polls to decide if Emmanuel Macron or Marine Le Pen will be the next President of the French Republic. The outcome of the election will have significant impact in Europe and beyond.
During this time, traders should consider the possibility of:
- Highly volatile markets, especially EUR currency pairs and European Stock Index CFDs
- Limited market liquidity with resulting widened spreads and price slippage
- Potential for a price gap between Friday market close and Monday market open
TitanFX continues to follow the market and update the situation through the official website too.
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