Greece's PM Alexis Tsipras has confirmed that his country would hold a referendum on Sunday on terms of its bailout after Germany rejected a deal offered by the Greek government to its creditors.
No talks would be held before the Sunday's vote as Berlin rejects any further discussion.
An event of world importance such as this could easily wreak havoc in financial markets. In light of this, ActivTrades is implementing a measure that would protect clients by substantially limiting their potential losses by temporarily increasing Margin Requirements probably by 4 times on July 3.
If you have any open positions be considerate and wise. Although holding any open positions during such events might get you rich quickly, it might also take your shirt off your back.
Very useful information! Thanks.
ReplyDeleteThat's great to know, thank you!
ReplyDeleteTrading with caution is important.
ReplyDeleteVery useful post! Thanks.
ReplyDeleteI'll be aware, thank you for the information!
ReplyDeleteGreat counter measures from ActivTrades. thank you for sharing.
ReplyDeleteGood reporting, excellent.
ReplyDelete