Posted at 27 June 2016 / Categories FirewoodFX Company News
Please be informed, based on latest market situation post-Brexit, the margin requirement and spread have been updated with detail as following:
Margin Requirement Adjustment
PAIR | MARGIN REQ. |
GBPUSD | 3-fold of normal margin requirement |
GBPJPY | 4-fold of normal margin requirement |
EURJPY | 2-fold of normal margin requirement |
USDJPY | 2-fold of normal margin requirement |
Spread Adjustment
PAIR |
SPREAD |
EURUSD | back to normal (1/2) |
EURJPY | back to normal (2/3) |
USDJPY | back to normal (1/2) |
GBPJPY | back to normal (5/6) |
Normal margin requirement and spread are listed at page Account Types. This adjustment is applied for all types of FirewoodFX account.