Professional Soldiers ® - Due To The Extreme Volatility Some Market Analysts Foresee

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Due To The Extreme Volatility Some Market Analysts Foresee

Quote:

Due to the extreme volatility some market analysts foresee could result in the coming days, OANDA fxTrade will not accept any trading activity from 6:00 AM EST until approximately 3:00 PM EST, on Sunday, June 17, 2012. OANDA believes the convergence of a major market event during off-market hours represents a potential trading risk and has taken this rare step to protect traders from excessive rate fluctuations.

Please note that during this halt in trading, you can still access your account details but no trading activity will be accepted. For this reason, OANDA strongly recommends that all traders consider minimizing currency exposures prior to the trading halt.

If you do intend to maintain open positions during this period, be aware that OANDA will hold exchange rates steady during the trading halt. However, when trading resumes, rates will immediately adjust to the current market rate and it is possible that the updated rate could result in a margin closeout if the price has moved significantly against your positions.

Therefore, it is your responsibility to ensure you have adequate funds in your account to prevent a margin closeout.

OANDA apologizes for any inconvenience this may cause.

For more information, please contact a Customer Service representative.

Best regards,

The OANDA team

http://www.zerohedge.com/news/due-ex...alysts-foresee

P.S. Spain is not Uganda...

Quote:

Originally Posted by akv (Post 453528)

P.S. Spain is not Uganda...

LMAO!

Quote:

Originally Posted by akv (Post 453528)

P.S. Spain is not Uganda...

Not yet!

Why do all these stories about Euro related issues remind me of a drunk staggering down a hallway?

He's getting near the door and once outside there will be no hallways to bounce off of.

Quote:

Originally Posted by Pete (Post 453547)

Why do all these stories about Euro related issues remind me of a drunk staggering down a hallway?

He's getting near the door and once outside there will be no hallways to bounce off of.

A door on the top floor of a building built upon years of debt...