Irregular Fluctuations in Gold Spreads

NOTIFICATIONS

Recently, the gold market has experienced significant volatility, resulting in a notable widening of market quotation spreads. This has led to irregular spreads across many platforms, including Vantage. We understand how this scenario has posed certain challenges to our customers’ trading experience, which we greatly value.

Based on market observations, this irregular situation has been primarily influenced by multiple external factors, such as the disconnect between global Spot Market and Future Market prices, alongside the unusual widening of spreads by liquidity providers. These factors have resulted in heightened market volatility, further contributing to the instability of price quotations.

To address this issue, we have taken proactive steps to implement client protection measures and provide asset protection for our clients to mitigate the impact of this irregular volatility. We are also working closely with our upstream liquidity providers to thoroughly analyse the root causes of these market fluctuations. Rest assured, we are actively optimising our internal systems to ensure the stability of future trade executions, with the goal of providing a more efficient and reliable trading environment.

We fully recognise the inconvenience this situation may have caused and sincerely appreciate your support and trust in Vantage. We remain committed to closely monitoring market trends and will keep you informed of any updates. Should you have any questions or concerns, please do not hesitate to reach out to our customer service team at [email protected].