08 June 2017
U.K. General Elections
We would like to draw your attention to the possible impact of the upcoming U.K General Election on the liquidity in the FX Market.
It is possible that the outcome will significantly reduce liquidity and increase price volatility. It is for these reasons that Dukascopy Bank and Dukascopy Europe will temporarily reduce maximum exposure in GBP related FX instruments to 5 million in primary currency and for GBR.IDX to 10 contracts. Any client that is currently holding exposures that exceed these maximums may maintain, but not increase them.
These restrictions are expected to remain in force until market closure on Friday 9 June.