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Notice : French Presidential Election on the 23rd April

18 Apr 2017

Dear Client / Trader,

In anticipation of French Presidential Election, we would like to give you a heads up on potential market volatility. The first round of the French Presidential Election is being held on Sunday the 23rd of April 2017 and it may lead to the vote for "Frexit" deciding whether France should leave or remain in the European Union. In the above situation the global financial markets will likely experience increased volatilities creating wider spreads and period of reduced liquidity with the wider market gap.

As Land Prime has the duty to protect our clients’ best interest, we would like to inform you that we may increase the required margin of all clients' live account(s) prior to the election. Details of the margin rate changes and timing will be further communicated this week and these temporary risk parameters may persist for an extended period of time depending on the market reaction to the election results.

If you have any further questions or concerns, please let us know.

Best Regards,
Land Prime Account Team.