Russia forex broker Alpari RU has announced that it is returning trading of Swiss Franc CHF currency pairs to ‘full trade’ mode.
Like many other forex brokers, Alpari had placed CHF pairs on close-only mode for the past 24 hours after the extraordinary moves in the Swiss Franc with the removal of the EURCHF 1.20 floor by the Swiss National Bank (SNB).
Despite reinstating CHF trading, spreads in CHF pairs remain very high at Alapri and at other brokers, and are expected to remain so for a while. As per the chart below, USDCHF is at a spread of 13.9 pips, GBPCHF is at 25.6 pips.
Alpari RU spreads as at January 16, 2015 09:45 GMT.
The currency pairs affected include:
For more information see Alpari’s website here.