Jan

20

Margin Adjustment for EUR Pairs and Temporary Suspensions Announcement

Dear Valued Clients,

Following the ECB policy announcement on January 22nd, the volatility of EUR pairs are expected to increase. FXOptimax is adjusting the required margin for these pairs below until further announcement post ECB press conference.
Increased margin requirement by fivefold:
EURCAD EURGBP EURAUD EURNZD
Increased margin requirement by tenfold:
EURSEK EURTRY EURPLN EURHUF

FXOptimax is also taking a cautious measure in expected Danish policy update regarding DKK peg. Therefore, EURDKK and USDDKK trades are temporarily suspended until further notification.

The margin leverage for exotic USDCNH is increased by fivefold and several pairs below are suspended due to low liquidity on our providers:
USDZAR ZARJPY USDSGD

Should you require further information on these issues, please feel free to contact us.

Best Regards,
FXOptimax

Category: FXOptimax News EN