Сorporate news
3 November 2020, 08:05

Exercise caution on US presidential election day! TeleTrade recommendations

Dear Clients!

Presidential elections will take place in the United States on November 3, 2020. Traditionally, they are a trigger for price volatility in the market. The exit polls and the announcement of the results, as a rule, cause sharp changes in the exchange rate of the US dollar and many other assets.

In view of this, we recommend you exercise caution when entering into new and conducting existing transactions.

  • Track and adjust your positions in accordance with the market situation.
  • Maintain the required level of margin security in your trading account.
  • Consider the risk of a possible widening of spreads due to the likely occurrence of price spikes in the background of elections.

These simple steps will help you avoid the negative effects of volatility if it does occur.

TeleTrade

© 2000-2020. All rights reserved.

This site is managed by Teletrade D.J. Limited 20599 IBC 2012 (First Floor, First St. Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines).

The information on this website is for informational purposes only and does not constitute any investment advice.

AML Website Summary

Risk Disclosure

Making transactions on financial markets with marginal financial instruments opens up wide possibilities and allows investors who are willing to take risks to earn high profits, carrying a potentially high risk of losses at the same time. Therefore you should responsibly approach the issue of choosing the appropriate investment strategy, taking the available resources into account, before starting trading.

Privacy Policy

Use of the information: full or partial use of materials from this website must always be referenced to TeleTrade as the source of information. Use of the materials on the Internet must be accompanied by a hyperlink to teletrade.org. Automatic import of materials and information from this website is prohibited.

Please contact our PR department if you have any questions or need assistance at pr@teletrade.global.

Feedback
Live Chat E-mail
Up
Choose your language / location