Admiral Markets reinstates RUB pairs trading, plans margin cut for CHF trades

As several months have passed, many have perhaps forgotten the market situation seen in December 2014 when the Bank of Russia sharply raised key interest rates, leading to high volatility of the Russian currency and to low liquidity and halting of offering of Russian ruble trading by many Forex brokers. The situation has obviously been improving since then and companies have been relaunching trading with RUB pairs. The latest company to do so is Admiral Markets.

The broker announced today that currency pairs with the Russian ruble (USD/RUB and EUR/RUB) have been made available for trading on Admiral.Markets and Admiral.Prime accounts. The margin requirement is at 5%, which translates into a leverage of 1:20.

Rub4-1-1And now, let’s move on to the other event that markedly reshaped the Forex world last winter – “Black Thursday”. It also forced many brokers to either abandon offering or sharply cut leverage for pairs with the Swiss franc. Admiral Markets made an announcement regarding trading with CHF too.

The company said trading with AUD/CHF, CAD/CHF, CHF/JPY, EUR/CHF, GBP/CHF, and NZD/CHF has been restarted on Admiral.Markets, Admiral.Prime and Admiral.MT5 accounts.

The broker added that it plans to improve trading conditions for CHF instruments. From June 29, 2015, the margin requirements for all pairs with the Swiss franc will be cut 10 times.

To view the official announcement by Admiral Markets, click here.

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Admiral Markets reinstates RUB pairs trading, plans margin cut for CHF trades

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