The end of March has been a turbulent month for global financial markets. The historic four consecutive circuit breakers in the US stock market, the crude oil trade war between Saudi Arabia and Russia, and the lack of liquidity in the gold market... All of this shows that March 2020 will be extraordinary.
It's not true! 0.13 Hands "blood earn" more than $20 million?
On March 26, a number of traders reported a flash crash. There are Hui friends in the chat group to share their 0.13 hands of Europe and the United States more than one single, a minute on the book to earn more than 20 million dollars.
I do! IC platform gold quote flash crash $100
The picture shared by the Hui friend, a discerning person will know that the picture is post-processed. However, on the same day, IC's gold quotation also had a flash collapse, with a range of up to $100, and the lowest flash collapse was near 1500. It was quickly pulled back into place and repaired to 1590.
Slow down! Make waves in the circle of friends
The flash collapse of the gold quotation led to the majority of investors' long orders, which were wiped out in an instant. Face a loss on the account. However, when everyone hopes to pin their hopes on the IC platform customer service, the IC side did not give a solution in time, and this behavior instantly triggered an uproar in the Huiyou circle.
Aftershocks! The gold market is extremely volatile
In fact, as early as two days before the event, there was an uncontrolled spread widening in the gold market. In the announcement issued by a number of traders, it is known that in recent times, affected by the tight liquidity of gold, there is great uncertainty in the gold market, and there are huge uncontrollable risks in gold products.
On March 30, under the efforts of successive days, Xiaobian contacted the IC official. The IC official admitted that the IC platform had an anomaly on the gold quotation on March 26. At the same time, the IC is currently dealing with the time and will minimize the impact of this incident.
According to the official reply given by the IC, the IC side has regarded the relevant gold trading orders as invalid prices. Within the next few days, no later than April 3, the IC will adjust the balance of the affected accounts.
Pay attention! During the account adjustment period, it is best to short positions affected by the exchange
IC reply processing scheme full text
It is important to note that this adjustment will certainly have an impact on previously affected accounts. If the account is closed due to insufficient margin due to balance adjustment, IC Party will not bear the corresponding responsibility. In other words, during the time it takes for the IC to officially deal with this incident, it is best for the affected accounts to settle their orders to avoid unnecessary losses.
Xiaobian reminds the majority of Huiyou, in case of gold or transaction problems, please keep the relevant evidence and negotiate with the platform. At the same time, the first time to contact FX110 network, we as a third party to protect your rights for free, to assist you to communicate with the platform, or free translation of email complaints to regulators!