Tickmill has gone a step further to support traders ahead of the upcoming US presidential elections by introducing a platform for navigating heightened market volatility. According to a LinkedIn post, the US Elections-Traders Hub will provide resources and insights for every trading level.

Shifting Market Dynamics

The outcome of the November 5, 2024, US elections could dramatically shift market dynamics, affecting everything from stocks to commodities. With such uncertainty, Tickmill aims to offer traders the right tools to capitalize on the volatility Volatility In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders In finance, volatility refers to the amount of change in the rate of a financial instrument, such as commodities, currencies, stocks, over a given time period. Essentially, volatility describes the nature of an instrument’s fluctuation; a highly volatile security equates to large fluctuations in price, and a low volatile security equates to timid fluctuations in price. Volatility is an important statistical indicator used by financial traders to assist them in developing trading systems. Traders Read this Term using a new hub. The new hub offers data, expert analysis, and historical insights to help traders navigate election-induced market fluctuations.

"The United States presidential elections are set to be held on November 5, 2024. Traditionally, the period leading to and following the elections has a significant impact on the stock market and other assets. This page has been developed in collaboration with trading experts and analysts to help you optimize your trading journey during this time," Tickmill mentioned.

The US Elections are around the corner! 🇺🇸

To help you navigate the markets in this period, we’ve teamed up experienced traders and analysts to gather key insights and data on our new US Elections Hub.

The hub is packed with:
📊 Historical performance charts
🎥 Short,… pic.twitter.com/YTqlvGpIQi

— Tickmill (@Tickmill) September 10, 2024

The run-up to the US presidential election has historically triggered volatility across financial markets. Election periods typically see investors reacting to policy expectations, with stock prices and other assets reflecting sentiment driven by the candidates’ platforms. For traders, this period brings both opportunities and risks as markets respond to the unpredictability of election outcomes.

Volatility Across Financial Markets

The hub includes historical market performance charts that highlight how past elections have influenced different asset classes. It also features short, digestible videos that break down market trends and offer key takeaways for traders. The hub mainly focuses on five main asset classes: EURUSD, XAUUSD, VIX, USDJPY, and SP500.

One of the features of Tickmill’s hub Hub A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method A hub as its name suggests describes the center of activity or a focal point. In terms of finance, the term hub can refer to Hub and Spoke Trading or a liquidity hub. However, the terms are not interchangeable, but they do overlap. Hub and Spoke trading refer to a network that posts bids and offers for an asset and therefore creates a real market. For example, Hub and Spoke trading allow traders to see the other submissions and offers from other traders on the platform. This is a popular method Read this Term is its bullish-to-bearish bar, which compiles perspectives from top market analysts and traders. This tool helps traders quickly assess the market sentiment and make informed decisions based on expert viewpoints.

Last month, Tickmill released financial results for the first half, highlighting a strong performance in the Middle East and North Africa region. The company’s trading volumes expanded by 54%, surpassing $135 billion. The total number of clients, including active ones, reportedly soared to a record high.

The company also launched interest rates on unused funds this year to enable traders to optimize their capital while diversifying their investment portfolio. The platform reportedly offers interest rates of 3.5%, 3.25%, and 2.5% on USD, GBP, and EUR wallets, respectively.