Early Market Closure on Friday, 22 September 2017 Due to German Federal Election

In light of Germany’s Federal Election that will be held on Sunday, 24 September, 2017, it is expected that markets will be volatile during the period of voting.

In anticipation of reduced liquidity prior to market-close which could potentially lead to the widening of spreads, Blackwell Global will stop pricing on Friday, 22 September 2017, 20:45 (GMT), 15 minutes before the market closes at 21:00 (GMT).

Feed opening thereafter, on Sunday, 24 September 2017, 21:00 (GMT), will also be delayed for 15 minutes or until the market stabilises.

Effective on Friday, 22 September onwards:

Please bear in mind the additional risk that such events can carry and adjust your trading style as necessary.
If you have open positions during the affected period, margin requirements to keep those positions open could rise. We strongly recommend that you monitor open positions carefully and maintain a sufficient account surplus throughout this period.

Please be aware that Stop Loss Orders are not guaranteed to be filled at your order level as they are converted to Market Orders once triggered. And due to lack of liquidity and dislocation, Pending Orders may not be filled in accordance with your demands, as spread widening may occur.

Blackwell Global will closely monitor market volatility and liquidity and will reassess the margin requirements during and after the election and make the necessary adjustments thereafter.