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FOREX.com Japan to change margin requirements for TRY pairs

From fxnewsgroup.com

Shortly after issuing a warning notice about trading conditions for Turkish lira (TRY) currency pairs, FOREX.com Japan has confirmed that it will amend the margin requirements for these trading instruments. The change reflects the increased volatility of the Turkish lira (TRY). After the closing of trading on Thursday, December 30 (7:00 am on Friday, 31st Japan time), the margin requirements for USD/TRY, TRY/JPY and EUR/TRY will increase twofold. For holders of MT4 accounts, this means that the margin requirement for trades in the above-mentioned TRY pairs will change from the current level of 10% to 20%. For holders ... (full story)

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