Posted at 22 September 2017 / Categories FirewoodFX Company News
Dear Trader,
Please be informed, regarding the New Zealand Parliamentary Elections event on this weekend, FirewoodFX has increased the margin requirement of NZD pairs to be ten folds (10x) due to high volatility and thin liquidity expected.
Traders are advised to minimize the trading exposure during, and before/after the election day to prevent any unexpected risk till the market condition back to normal.