Important Notice: U.S. Election Market Update

   

With the upcoming U.S. election on 5th November 2024 expected to drive heightened market volatility, our priority at Moneta Markets is to safeguard our clients and maintain platform stability.

Following a review of our risk management protocols, we have determined that no immediate changes will be made to current margin requirements. However, please note that in the event of extreme market fluctuations, we may take further action to ensure a stable trading environment. These actions could be implemented with minimal notice as market conditions require.

Key Considerations:

  • Spreads: During this period, spreads may widen significantly at times.
  • Liquidity: As uncertainty rises, Liquidity Providers and Banks may reduce market liquidity, which could result in greater slippage on stops and potentially higher or lower stop-out levels than expected.
  • Volatility: The market is likely to experience sharp fluctuations in response to ongoing election-related news and announcements.

Possible Risk Mitigation Measures: To protect clients and ensure a positive trading experience, Moneta Markets may implement the following measures if necessary:

  • Margin Increases: We may raise margin requirements for key instruments to reduce client risk exposure and mitigate potential losses during volatile periods. This could include adjustments on hedged positions to manage liquidity risks effectively.
  • Close-Only Status for Certain Instruments: In cases of extreme volatility and poor liquidity, specific instruments may be set to close-only mode to help stabilize trading conditions.

We will make every effort to inform you of any changes via both email and your MT4/MT5 platform. Should you have any questions, please feel free to contact us at [email protected].