Saxo Japan temporarily suspends fixed spreads for GBP/USD and GBP/JPY
Source: Fanny Maria Nikolova
Saxo Bank Securities Ltd., the Japanese subsidiary of Saxo Bank, has announced a temporary suspension of fixed spreads for the GBP/USD and GBP/JPY currency pairs.
The broker cited extreme instability and unpredictability in global financial markets as the primary reason for the change.
The company stated the decision considers current economic conditions and geopolitical risks, leading to the temporary halt in fixed spread provision for these pairs in its FX offering.
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