Saxo Bank FX Securities K.K. changes margin requirements for USD/SAR, USD/AED pairs

Saxo Bank FX Securities K.K., the Japanese business of multi-asset trading and investment services provider Saxo Bank, today unveiled pending changes to margin requirements for currency pairs with the Saudi Riyal (SAR) and the United Arab Emirates Dirham (AED).

From January 22, 2016, Saxo will be changing the margin requirements for positions with the USD/SAR and USD/AED pairs. The current margin is 8% and this will change to 20%.

The new requirements apply to both individual and corporate customers of the broker.

Clients are asked to take the information into account and to consider adjusting their positions if necessary.

You can view the full announcement (in Japanese) by clicking here.

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