EXNESS says business not significantly affected by CHF moves LeapRate

January 16, 2015 BY Maria Nikolova

EXNESS says business not significantly affected by CHF moves

Earlier today, international retail Forex broker EXNESS issued an announcement, explaining the consequences of the Swiss currency moves on the financial status of the company. Due to measures taken by the company regarding trading with all instruments featuring CHF, the business suffered a minimal impact from yesterday’s events: overall losses amounted to only 1.6% of EXNESS's…

January 16, 2015 BY Andrew Saks-McLeod

Business as usual for MahiFX despite Swiss franc movement

Australia's MahiFX reinforces the importance of segregated accounts and effective regulatory structures in circumstances when market volatility occurs as per yesterday's Swiss National Bank decision regarding the EUR/CHF pair, with the company carrying on business unaffected

January 16, 2015 BY Andrew Saks-McLeod

One Financial Markets unaffected by volatility in all markets linked to CHF

London's One Financial Markets has confirmed that business is carrying on as normal following a day of extremely high volatility in the pairs associated with the CHF

January 16, 2015 BY Andrew Saks-McLeod

ADS Securities braves the storm with no damage; company MD Phillippe Ghanem calls for questions to be asked

“In the next few days, weeks and months we will see regulators, central banks and financial companies looking at the way things unfolded and how the risk was managed and handled" - Phillippe Ghanem, Executive Managing Director, ADS Securities

January 16, 2015 BY Andrew Saks-McLeod

Darwinex issues charismatic message to clients stating that it only lost $1,432 in Swiss floor drop debacle

"Online trading wasn't invented in the days of George Soros, so no retail dealers lost money betting against smart independent traders. By golly, it looks as though yesterday was a tad different for several household names" - Darwinex Team

January 16, 2015 BY LeapRate Staff

Pepperstone reports business as usual in wake of Swiss Franc move

Australia based retail forex broker Pepperstone has issued a statement it entitles 'Business as Usual', in wake of the news from certain other brokers that they sustained heavy losses Thursday after large moves in Swiss Franc CHF pairs. Pepperstone stated that it has been 'largely unaffected' by these events and that it continues to hold…

January 16, 2015 BY Mike Fox

Official FXCM comments on Swiss Franc spike - may be in breach of some regulatory capital requirements

FXCM Inc (NYSE:FXCM) announced today that due to unprecedented volatility in the EUR/CHF pair after the Swiss National Bank announcement Thursday morning, clients experienced significant losses, generating negative equity balances owed to FXCM of approximately $225 million. As a result of these debit balances, the company may be in breach of some regulatory capital requirements. FXCM states…

January 16, 2015 BY Mike Fox

Forex broker Excel Markets informs clients they are out of business on CHF plunge

The silver lining here is that client funds are unaffected, as they should always be. Kudos to Excel for operating with utmost professionalism and in the right way to protect clients. We at LeapRate hope they can get re-organized and come back to the market...

January 15, 2015 BY Mike Fox

SNB decision forces Russia's Alpari to suspend trading with CHF pairs

The decision by the Swiss National Bank has prompted the biggest FX broker in Russia to switch trades with CHF pairs to “Close Only” mode.

January 15, 2015 BY Mike Fox

EXNESS switches trades with CHF pairs to “Close Only” mode

For the time being, EXNESS allows only closure of positions with trading instruments featuring the Swiss currency.

Tag: Swiss Franc