Poland’s Bank Millennium issues statement on quarterly mortgage target LeapRate

October 27, 2023 BY Elizabeth Anderson

Poland's Bank Millennium issues statement on quarterly mortgage target

Currently, the Polish borrowers who had chosen mortgages denominated in foreign currencies, primarily Swiss francs, attracted by the promise of lower interest rates, face a financial predicament. The subsequent appreciation of the Swiss franc against the Polish zloty, coupled with interest rate hikes in Switzerland, has placed borrowers in the damaging position of managing larger-than-expected…

November 14, 2016 BY LeapRate Staff

FxPro reduces margin requirements on MXN and CHF currency pairs

After returning to normal most currency pairs following last week's US election, FCA and CySEC licensed Retail Forex broker FxPro has sent a note out to clients, indicating that it is also loosening margin requirements to 'normal' for Mexican Peso and Swiss Franc currency crosses. Given the heavy volatility in the Peso following Donald Trump's…

May 16, 2016 BY Mike Fox

CME delists 3 FX futures contracts showing no open interest

Earlier today we learned that Chicago Mercantile Exchange Inc. (CME) delisted three FX futures contracts: US Dollar/Chinese Renminbi (USD/RMB or CNY) Futures with US Dollar Banking, the E-Micro US Dollar/Canadian Dollar (USD/CAD) Futures, and the E-Micro US Dollar/Chinese Renminbi (USD/RMB or CNY) Futures with US Dollar Banking. The three contracts, which had no open interest,…

November 10, 2015 BY Maria Nikolova

HSBC to become market maker for Yuan trading vs Swiss franc

There is an interesting piece of news confirming the growing interest in Chinese yuan trading. According to a report in the Financial Times, HSBC Holdings plc (LON:HSBA) is about to become a market-maker for trading the renminbi and the Swiss franc in the country's interbank Forex market. HSBC, known as a long-standing advocate of the…

October 07, 2015 BY Maria Nikolova

IG Group announces outcome of client case at UK FOS over “Black Thursday” events

The Financial Ombudsman said IG Group complied with the terms of the Client Agreement and duties of best execution. However, the FOS found a more beneficial fill contract level.

July 31, 2015 BY Maria Nikolova

Japan's Invast to stop offering EUR/CHF, GBP/CHF trading

All positions with these pairs should be closed by users of the TriAutoFX platform not later than September 25, 2015.

July 10, 2015 BY Andrew Saks-McLeod

Danish FSA review of Saxo Bank's handling of CHF incident: Only two specific criticisms

The Danish FSA concludes that the method applied by Saxo Bank contributes to an equal treatment of clients in accordance with its internal procedures and the regulation on investor protection, with the exception of two reprimands which Saxo Bank acknowledges

June 25, 2015 BY Maria Nikolova

Tag: Swiss Franc