Big movements of pound sterling quotes this night 2016.10.07

October 07, 2016 17:39

Dear traders,


Last night on Friday, October 7, 2016, there were strong price movements between GBP (British Pound or Pound Sterling) currency pairs. News, rumours and more about a "Hard Brexit" have played a role.


Extreme volatility, significant gaps, higher slippage and spreads are the result of such extraordinary market events.


These events occur rarely - but they can occur and are part of the general market risk. Due to the fact that risk education is important to us, we would like to draw your attention to the education section of our website about risk management.


At Admiral Markets UK, you will benefit from numerous additional security features: such as our negative balance protection policy for example. Should your trading account become negative. Admiral Markets UK will compensate for this, as per our Negative Balance Protection Policy terms and conditions. You can find more about our policy via the above link.

Should you have any questions, you will always be able to contact Customer Service by telephone or e-mail.

Sincerely,
Admiral Markets