Hantec Markets, a retail FX brokerage regulated by the Financial Conduct Authority (FCA), has today announced that it has set its margins back to normal following the outcome of the referendum which took place in Greece relating to proposed austerity measures which would have been imposed due to the nation having defaulted on its commitment to repayment of its 323 billion euro debt to the International Monetary Fund and European Central Bank.
The company had imposed increased margin restrictions over the weekend due to the potential consequences of the Greek default, but has restored trading conditions quickly to normal.
The company today issued a notice to its client base as follows:
Dear Valued Client,
We write to inform you that we have now reduced our margin requirements back to normal trading conditions after the increase imposed over the weekend due to Greek consequences.
Please do not hesitate to contact us if you have any questions on this.
Kind regards,
Hantec Markets
The official announcement can be found on Hantec’s website.