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Forex Broker News

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FinFX would like to inform you that starting from 12:00 GMT+0 Friday, 16th of January 2015, they will increase margin on EURCHF pair to 8% and on all the other CHF currency pairs to 5% due to unprecedented volatility in the Swiss franc.

Following yesterday's exceptional market events due to the Swiss National Bank's abandonment of its EURCHF floor, many brokers have experienced major losses in their trading book.

IronFX Global Limited was not affected by these events due to their strong risk management systems and procedures and they continue complying well with their capital regulatory requirements under all regulatory bodies they have licenses. They would therefore like to inform their clients that they continue conducting their business as usual. Feel free to contact their account managers around the world should you have any questions.