Dukascopy announced French Presidential election weekend leverage extension
Dukascopy has announced that due to possible volatility that the outcome of round two of the French Presidential election between the final two candidates Mrs Marine Le Pen and Mr Emmanuel Macron may cause to financial markets, Dukascopy will extend the weekend margin policy by a few hours into the session starting Sunday 7 May 21GMT.
According the announcement, there is no fixed time schedule when normal margin policy is restored; it will be done without additional announcement after the election results are known and once trading activity can be considered to be normal.
Furthermore, Dukascopy like to draw its clients attention to the fact that large price gaps may occur between the market closure on Friday 5 May at 21:00 GMT and market opening on Sunday 7 May. Holding any position over the weekend may lead to substantial losses even if leverage use is reduced.
Source: Dukascopy
Related Posts
European markets continue rally after first round of the French election
Interview with Eurex Clearing AG CEO, Eric Müller
Germany finance chief: The euro will survive French election
Dukascopy: Euro-related over-the-weekend leverage
Saxo Bank published full year results for 2016; Operating income increased
