DislikedYes I starting to worry as I saw the statement of FXCM suffered severe losses and the insolvency of Alpari. Does Dukascopy involved in any trading by itself? Does the announcement SNB affect Dukascopy in anywhere it may concerns? I hope we do get an announcement from Dukascopy itself soon.Ignored
16 January 2015
CHF dramatic shift
Dukascopy Group announces that it has safely passed through the CHF dramatic price shift. It was achieved thanks to advanced execution technology, careful risk management policy and reduced leverage on EURCHF till level of 1:10.
The scenario of such shock had been anticipated four months in advance as shown in Dukascopy news published on 3rd of October 2014: "Due to the possibility of a break of the 1.2000 floor in EUR/CHF which may see significant price gaps and cause negative equity on client accounts, Dukascopy Bank is forced to implement a maximum leverage for EURCHF exposures of 1:10 as of 12 October 2014".
Dukascopy well known ECN business model and careful risk management approach proved once again to be reliable and trustworthy.
No Pain, No Gain