{"id":17301,"date":"2016-06-17T14:46:42","date_gmt":"2016-06-17T09:16:42","guid":{"rendered":"http:\/\/www.icmarkets.com\/blog\/?p=17301"},"modified":"2016-06-17T14:46:42","modified_gmt":"2016-06-17T09:16:42","slug":"important-announcement-to-traders-brexit","status":"publish","type":"post","link":"https:\/\/www.icmarkets.com\/blog\/important-announcement-to-traders-brexit\/","title":{"rendered":"Important announcement to Traders-Brexit"},"content":{"rendered":"

\n\tDear Trader,<\/b> <\/span>

\n\tOn <\/span>Thursday June 23rd<\/font><\/b> we have the EU referendum in the UK, <\/span>‘Brexit’<\/font><\/b>. The vote is to determine whether the UK remains part of the European Union.<\/span>

\n\tBrexit is similar to the Scottish referendum and Grexit last year, however, the impact of the result is expected to be far greater. We are already seeing higher volatility across all markets and this is expected to increase further leading up to the vote.<\/span>

\n\tIC Markets<\/font><\/b> has been monitoring the market closely and assessing potential risks. Due to the significance and uncertainty of Brexit, we have decided to <\/span>lower leverage<\/font><\/b> across pairs that are most likely to be affected. <\/span>\n<\/p>\n