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Temporary suspension of trading in CHF pairs on 15th January 2015
Thursday 15th of January 2015
FinFX would like to inform their clients, that the Swiss National Bank (SNB) decided to discontinue the minimum exchange rate of CHF 1.20 per Euro and at the same time lowered its interest rate to -0.75%. This leads to extreme volatility and extremely low liquidity especially in CHF pairs. Due to this reason, the major banks and other liquidity providers temporarily suspended trading in CHF pairs.
FinFX would like to inform you that trading in CHF currency pairs is back to normal.