NZD Trading Adjustment - 16 Aug 2016
Posted at 16 August 2016 / Categories FirewoodFX Company News
FirewoodFX will raise the margin requirement to 1500% for all NZD pairs to anticipate NZD employment data release at 16-Aug-2016 22:45 UTC (server time)
The affected pairs :
AUDNZD
EURNZD
GBPNZD
NZDCAD
NZDCHF
NZDJPY
NZDUSD
The adjustment will start gradually from 16-Aug-2016 15:00 UTC (server time).
The margin requirement will be switched back to normal, few hours after the release.
FirewoodFX strongly advise clients to manage the position in regard of trading adjustment to avoid margin call.