Friday, June 15, 2012

Greek election can bring unexpected volatility

The coming Sunday, 17-June,2012 will be the greek legislative elections. This election can bring more than expected volatility to markets. Depending on the outcome of the elections, next week may be wild ride for Euro. But volatility will not be isolated to Euro alone and it could bring larger than normal spreads.

Markets are expected to have a large gap from

Friday's close to Sunday's open.
If this happens, any pending orders may be filled at the next available price and stop losses may not protect you as well.

Curtailing unnecessary exposure, by closing some or all existing positions and adding funds to account prior to the market close

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