Turkish General Election – 24th June 2018.
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HotForex would like to inform you that due to the upcoming Turkish General Election, which will take place on 24th June 2018, as from the 22nd June 2018 at 21:00 GMT, the USDTRY pair will be placed in close-only mode.
The above means that as of 22nd June 2018, you will no longer be able to open new orders on the USDTRY pair.
You will however be able to close all open and pending orders without restrictions.
Any pending order left open, if triggered during the close-only mode, will be cancelled instead.
This is a protective short term measure taken due to underlying market conditions and the surrounding market uncertainty which is likely to cause adverse trading conditions for the clients.
The Instrument will be placed back into standard trading conditions once the referendum results are released and regular market conditions are resumed.
For more information or inquiries regarding to this update, please contact HotForex support team from the Official Website.