The markets are currently exceptionally volatile, meaning that trades can take a bit longer than usual to be executed.
Unfortunately, the current, unprecedented market conditions mean that you could experience unexpected and sudden price movements, delays in processing orders, extreme spreads, restrictions on trading quantities and low liquidity on certain instruments. Trading conditions will differ to those that you are used to.
|Increased demand for our services may lead to a delay in the execution of orders, particularly market orders. Please be advised that all market orders are placed in order of receipt. If you place a market order, cancel the order and place it again, you may cause yourself an unnecessary delay by placing yourself at the back of the queue.|
|The opening of the market has traditionally been a time for increased volatility - even under normal trading conditions, and this volatility has been magnified by recent market conditions. By placing market orders outside of market hours or at market opening, you risk an increased likelihood of market gapping, delayed orders and unfavourable prices.|
|As the market is extremely volatile at the moment, this may mean that when placing a trade, the price you're quoted could differ more than usual from the guide price shown on the website.|
|Change in Spreads|
|Due to the exceptional market conditions we are experiencing, you may notice a dramatic change in the spread applied to some instruments, particularly during pre-market sessions. Please make sure that you take this into consideration when placing an order.|
|Liquidity levels can change rapidly, and lack of liquidity often restricts trading in equities and CFDs. This can result in a delay in orders being executed. Some orders may not be executed at all.|
|Managing stop losses|
|As a precaution, it may be safer to consider removing or amending stop losses during especially volatile market conditions. This is because in the current climate, stop losses could be triggered at prices way below the level you've set as prices may fall quickly through that level.|
|High market volatility means that you may find buy and sell limits applied on certain instruments. This action is taken to protect the firm from overexposure to certain positions. Please consider this when planning your trading strategy.|
|Margin Requirements / Leverage|
|In times of extreme market volatility, we may need to change our margin requirements or the amount of leverage we can offer on certain products.
The FCA allows firms to set their own requirements.
|Our CFD clients should consider the points highlighted above and ensure that they take steps to maintain a sufficient margin to account for sudden or unexpected price movements.|
|Due to all of the above temporary downtime of the system and platform may also occur.|
Please note that this notice is not investment advice, nor is it intended as such.
All clients are responsible for their own investment decisions. If you are unsure, you should seek advice from an independent financial advisor.