Volatility Warning: The FOMC March Meeting is Coming
As you are aware, the Fed will announce FOMC meeting’s resolution at 2:00 PM ET Wednesday, March 21, 2018. It is generally believed that FOMC will raise the interest rate, which will probably have some influence on the trading of stocks, foreign exchanges, commodities and energy.
With this in mind, we would ask all of our clients to be very aware of the very real risks associated with this event. Trading conditions will be somewhat abnormal. This can result in above-ordinary spreads, slippage or failure to place orders, and open positions and market orders will be subject to ( revalued against) the prevailing market price. We would therefore advise all clients to make sure that they have sufficient funds on deposit in order to sustain/maintain open positions under potentially, dangerous and extraordinary circumstances.
UBFX friendly reminds you to keep paying attention to your fund position, and adjust your trading strategy as the market changes.
Thanks for your understanding. Please contact us if you have any questions.