Important - EUR Trading Condition Adjustment
Posted at 10 July 2015 / Categories FirewoodFX Company News
Dear Client,
Thank you for trading with FirewoodFX.
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 on July 10th.
The adjustment may start at July 10th, 12 hours before market close, until next Monday when the liquidity and normal trading condition are restored in the market.
Should you have any question, please contact us using our live chat service, or email to
[email protected]
Regards,
FirewoodFX