FxPro Alters Trading Conditions Ahead of Tight US Election

The US election is almost here and polling suggests an extraordinarily tight race, a departure from just two weeks ago when the race was looking to be a landslide for Hillary Clinton. As a result, several brokers are adjusting their leverage requirements in anticipation of heightened volatility in a bid to protect their customers. FxPro is the latest broker to alter the trading conditions of select trading instruments, beginning as early as today.

As liquidity is likely to be reduced, coupled with widening spreads, several trading instruments may be affected, namely in the result of a close electoral result or in extreme cases, in the event of a tie. Markets are presently pricing in a Clinton victory, which would suggest a Donald Trump win could convulse markets.

Beginning today at 19:00 BST (14:00 EST) new positions will adhere to a number of leverage changes due to the election. The changes will affect foreign exchange (FX) pairs, commodities, indices, and spreads and can be read below.

(Photo: FxPro)

bitcoin
Bitcoin (BTC) $ 57,160.00 3.44%
ethereum
Ethereum (ETH) $ 3,495.82 4.31%
binance-coin
Binance Coin (BNB) $ 641.25 0.92%
dogecoin
Dogecoin (DOGE) $ 0.647115 10.31%
xrp
XRP (XRP) $ 1.70 16.31%
tether
Tether (USDT) $ 0.997118 0.29%
cardano
Cardano (ADA) $ 1.47 11.56%
polkadot
Polkadot (DOT) $ 39.83 10.02%
bitcoin-cash
Bitcoin Cash (BCH) $ 1,388.91 27.96%
litecoin
Litecoin (LTC) $ 344.64 3.67%
S&P 500  ^GSPC 
$4,167.59  $2.93  (0.07%)
Dow Jones Industrial Average  ^DJI 
$34,230.34  $97.31  (0.29%)
NASDAQ Composite  ^IXIC 
$13,582.43  $51.08  (-0.37%)
Russell 2000  ^RUT 
$2,241.37  $6.92  (-0.31%)
Crude Oil Jun 21  F*CL.NYM 
$65.61  $0.0200  (-0.03%)
   
$0.0000  $0.0000  (0.00%)