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FXCM Japan hikes margin for EUR trades
The Japanese Forex broker will increase the margin on currency pairs with the euro, starting from June 29, 2015. FXCM Japan, formerly a part of retail FX giant FXCM Inc and now a subsidiary of Rakuten Securities, an arm of Rakuten Inc, is planning changes to margin requirements for a range of currency pairs, including ones with the EUR. Starting from market opening on June 29, 2015 (Monday), margin requirements on a set of currency pairs, will change. The broker says the new mainteinance margin requirements (MRM) reflect changes in market conditions. The move happens as Forex companies are getting increasingly ... (full story)
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