Think Liquidity's Managing Director Jeff Wilkins explains how to take account of the aftermath of the EUR CHF price situation, and how to manage risk to avoid such exposure, emphasizing that regulators may attack this with a hatchet and not a scalpel
Read moreAustralia's MahiFX reinforces the importance of segregated accounts and effective regulatory structures in circumstances when market volatility occurs as per yesterday's Swiss National Bank decision regarding the EUR/CHF pair, with the company carrying on business unaffected
Read moreLondon's One Financial Markets has confirmed that business is carrying on as normal following a day of extremely high volatility in the pairs associated with the CHF
Read more"I am very pleased to be able to confirm, on one of the most volatile trading days ever to have existed, that BMFN did not suffer any damage from yesterday's Swiss National Bank intervention and we are stable, having turned a profit." - Luis Sanchez, CEO, BMFN
Read moreSwitzerland's Dukascopy confirmed that it suffered no exposure as a result of yesterday's abandonment of the 1.20 EURCHF price floor by the Swiss National Bank, having implemented pre-emptive leverage restrictions in Oct 2014 in order to protect its customers should such an event occur
Read moreLondon's City Index, which was recently purchased by GAIN Capital for $118 million, has announced that it suffered no material damage as a result of the Swiss National Bank's decision to remove the 1.20 EUR/CHF floor, and that it is business as usual
Read moreIS Prime explained to LeapRate that many client losses in the industry were so pronounced yesterday was due to an absence of liquidity on the bid in EURCHF and USDCHF, meaning that clients could not close out positions. IS Prime was bid throughout the most volatile period of the day in both pairs.
Read more“In the next few days, weeks and months we will see regulators, central banks and financial companies looking at the way things unfolded and how the risk was managed and handled" - Phillippe Ghanem, Executive Managing Director, ADS Securities
Read moreThree major industry figures have assumed positions on the arbitration committee of Russia's KROUFR
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