Darwinex, the UK Financial Conduct Authority (FCA) regulated FX asset manager and brokerage today was glad to inform clients that its safety measures worked as planned: and…it’s business as usual at Darwinex after the EU referendum.
The company stated that increased margin requirements will remain in place until the dust settles, which could take a few more days for the market to digest.
In terms of regulation, the FCA has released an official statement informing that “consumers’ rights and protections, including any derived from EU legislation, are unaffected by the result of the referendum and will remain unchanged unless and until the Government changes the applicable legislation”.
You can read the FCA’s official statement here.