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US Non-farm Payroll Announcement

天譽國際    2021-06-04 15:30:44

Dear clients:  

Since the financial market is extremely volatile before and after major information announcements , or in the case when breaking news comes in,  the above-mentioned scenarios may include but not limited to " Refinancing Operations by European Central Bank", "FOMC announcements", "US Non-farm Payroll" and etc.

Based on the impact of information announcements that can cause drastic fluctuations in market financial product prices, Liquidity providers (LPs) reserve the right to make the following changes:

1.The product spreads may be expanded before and after the data is released.
2.All newly submitted limit orders and stop loss orders will be executed at the market price after the gap appears in the market.

  1 hour to 1.5 hours before the announcement
GMT+8 19:00 ~19:30
(system time 15:00 to 15:30)
1 hour before the announcement until the market conditions have stabilized
GMT+8 19:30 to stable market conditions
(system time 15:30 to stable market conditions)
London Gold  (LLG)
limit orders
▲There must be a $10 gap between the price limit and the market price when setting the price
▲Cancel all new stop orders (Buy Stop & Sell Stop) that have been set before 19:00
▲The system will not accept any new limit /stop loss orders.
▲The system will not  accept the modification or cancellation of the submitted limit order.
London Silver (LLS)
limit orders
▲There must be a $1 gap between the price limit and the market price when setting the price
▲Cancel all new stop orders that have been set (Buy Stop & Sell Stop)
▲The system will not accept any new limit /stop loss orders.
▲The system will not  accept the modification or cancellation of the submitted limit order.
 
The above arrangement are made for lowering the risk while clients are trading. Please aware of the arrangement and pay attention to the trading accounts. If you have any questions, please contact our customer service department.
 
Notice:
Please pay attention and control any risk exposures or funding needs. The US Non-farm Payroll Employment Situation of February will be announced at 20:30, Friday, 4 June 2021 (GMT+8) by the U.S. Bureau of Labor Statistics.
In the meantime, all orders will be executed with actual market conditions according to the arrangement above.

Sincerely,
Prestige International Bullion Limited
2 June 2021

客服郵箱
cs.support@prestigegroup.com.hk