Further to last Thursday's extreme volatility caused by the Swiss National Bank's removal of the 1.20 floor on the EURCHF currency pair, FxPro will reinstate trading on CHF crosses at 14.00 GMT, with leverage set at 1:10 in order to protect the interests of clients
Read moreFollowing a temporary suspension of payment to certain FX brokerages at the end of last week resulting from the market volatility caused by the Swiss National Bank's removal of the 1.20 floor on EURCHF, Skrill has begun reinstating payments to brokerages
Read more"In many ways it comes down to having a plan ready to go. Getting a budget approved, having the relevant advertising material with trust related messages and having a mediaplan ready to go are all things that can be done in advance" - Bart Burggraaf, Managing Partner, Media Group London
Read moreInvast's Australian operations has completed a review of all CHF positions for potential adjustment, and concluded that no client adjustments are necessary, with full financial strength being maintained by the firm
Read moreJapanese FX giant Invast Securities confirms business as usual following the Swiss Franc price volatility last week, and that the company remains well capitalized
Read moreBlackwell Global attributes its minimal exposure to CHF price volatility last Thursday to prudent risk management measures within its Blackwell Trader electronic trading division
Read moreLeapRate Managing Editor Andrew Saks-McLeod takes a close look at what Switzerland's motives could be for removing the EURCHF 1.20 floor on January 15, 2015, an historic day which is likely to change the entire face of the global forex industry. Is Switzerland safeguarding itself against future European events?
Read more“This is a very challenging time for the industry and we will undoubtedly see the entire industry re-shaped following this historic market event”, said Natallia Hunik, Vice President of World Wide Sales at Boston Technologies Powered by Forexware
Read moreMB Trading, the financial brand uniting Manhattan Beach Trading Financial Services, Inc. and MB Trading FX, announced today it had felt a minimal impact from the Swiss National Bank (SNB) surprise action on Thursday morning. There are no consequences for the group's capital and its ability to meet regulatory capital requirements, the US online trading…
Read moreSince at LeapRate we try to provide you with a comprehensive and detailed picture of the aftermath of Swiss franc fireworks on Thursday, we cannot skip to mention the position of at least one German Forex broker, given the core role the German economy plays for the eurozone and Europe as a whole. A representative…
Read more