March 12, 2015 BY Andrew Saks-McLeod

FXCM Inc details institutional FX market dysfunction on January 15 around SNB action

FXCM has made a commercial statement, affirming that on January 15, 2015, the Swiss National Bank (SNB) caused a flash crash that lead to historic dysfunction never seen before in the FX markets when it announced that it was completely removing the 1.20 floor

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