Trading Condition Adjustment on EUR Pairs
Posted at 02 July 2015 / Categories FirewoodFX Company News
Dear Client,
Due to major news event that will occur this weekend, FirewoodFX will adjust the trading condition for all EUR pairs and other pairs that may related to EURO-Greece situation.
The adjustment will include increasing margin requirement, un-fixing the spreads, reducing the leverage of certain high risk account, or setting the trading to be close only. Therefore, we strongly recommend you to review your positions and ensure that you have enough margin to maintain them considering the possibility of increasing margin requirement that potentially lead to automatic stop out.
FirewoodFX will post the update regarding this adjustment in the company website. We strongly advise client to have no exposure on EUR pairs after NFP on July 2nd.
The adjustment may start at July 3rd, 12 hours before market close, until next Monday when the liquidity and normal trading condition are restored in the market.
Regards,
FirewoodFX