Mayzus sets trades with all instruments to “Close Only” mode citing Greek concerns

Cyprus-based retail FX broker Mayzus has today announced a rather radical move regarding the possible Forex market volatility related to the ongoing Greek debt negotiations.

The company is moving trades with all instruments to ‘Close Only’ mode from 22:30 GMT+3 on Friday (June 26, 2015) until 00:30 GMT+3 on Monday (June 29, 2015). Please, pay attention to the fact, that the move concerns all trading instruments and not only EUR pairs.

The broker asks traders to take into account this information when making their trading decisions.

Forex companies are attentively watching the developments of the Greek situation, with the possibility of Greece defaulting already forcing several companies, including Alpari, to axe leverage on EUR pairs. Earlier today FXCM Japan also said it will raise the maintenance margin on EUR pairs due to changes in market environment.

The official announcement by Mayzus on trading conditions changes can be read here.

Related News


Mayzus sets trades with all instruments to “Close Only” mode citing Greek concerns


Send this to a friend

Subscribe to LeapRate
Fill out the form below for more information
for lising in LeapRate's Forex Yellow Pages

Please enter the company name, email address to reach you and phone # (optional):

Please fill out the message field to the right for any questions or special inquiry: