28 June, AtoZForex – The second trading day of the week nears an end and it is clear that the markets have not recovered yet from the EU referendum results. Uncertainty remains, after the GBP’s worst performance was seen last week since the cable crash of the Black Wednesday. Due to these post Brexit market conditions, the traders around the world are in doubt about their brokers. To alleviate the traders’ worries, AtoZForex has reached out to AtoZ approved Forex broker STO for their opinion.
In the interview with Eliza Alexandrou, more information has been provided upon Post Brexit STO operations.
Q1: Which risk management precaution did STO take?
– Ahead the EU referendum in the UK, STO gradually increased the margin requirements for all GBP crosses and the FTSE 100 Index.
Q2: What are the most traded instruments for STO at the moment?
– FX majors remain the most traded instruments. Gold met extra demand.
Q3: What are your expectations for the new trading week?
– Uncertainty will most probably prevail, sending markets range-bound, awaiting further developments.
Q4: Do you have any recommendations for traders?
– The risk of volatility spikes remains high, we would recommend traders to pay extra attention to risk management, which will include among other- trade exit levels and sufficient account funding.
Thank you for your time and input Eliza Alexandrou. We are happy to deliver the news about brokers’ performance after the recent historic trading day, where AtoZForex followers have been able to stay on top of the market news.
Through this interview, STO has been able to provide the public more clarity about their operations, performance and risk management activities in the last 48 hours. If you are curious about the current situation of the other brokers and their opinion of the current market, please check AtoZForex’s list of Forex Brokers Post Brexit operations and risk management activities.
Do you have more questions for STO? Don’t hesitate to post the question in the comment section below.