Following the steps taken by many retail FX firms in late December as a result of the lack of ruble liquidity which blighted the entire market in which ruble trading was temporarily postponed by a number of companies, FxPro has today announced that it has reinstated trading in EUR/RUB and USD/RUB pairs.
Throughout the month of December, the availability of ruble liquidity was at best scarce, with FxPro having reinstated trading in ruble pairs on December 17, to subsequently further suspend them, thus reinstating again today.
The company has issued a notice to its clients, as follows:
We are pleased to inform you that RUB pairs (USDRUB/EURRUB) will resume trading on 06/01/2015 at 10:00 (server time). Due to an improvement in the liquidity available we are now in a position to continue offering these pairs for trading.
Despite the improvement in available liquidity we would like to warn clients trading RUB that these currency pairs are still experiencing periods of extreme volatility with severely widened spreads and shortages of liquidity often occurring.
FxPro will continue to monitor the current market conditions of the Rouble and if necessary may disable trading again in the future.
Should you have any questions please do not hesitate to contact us directly.
FxPro Dealing Desk