IG Japan to Raise Margin Requirements for RUB Instruments
Source: Fanny
Electronic trading major IG Japan has warned its clients of possible changes to trading conditions for Russian ruble-related currency pairs.
The shift in trading conditions attributes to "the increasing geopolitical tension between Ukraine and Russia," according to the broker.
It may have to increase margin rates for RUB instruments without notice depending on the market situation. Moreover, traders may also see wider spreads.
Customers are advised to check their position size, as well as the amount of funds in their accounts, in order to make sure that they can be prepared for possible market fluctuations.
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