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Dukascopy covers negative balances, ensuring security for all customers

From leaprate.com

Switzerland’s technologically innovative and ultra-secure Dukascopy Bank has announced today that it will cover any negative client balances which arose due to the Swiss National Bank’s decision to remove the 1.20 floor on the EURCHF pair, thus ensuring that all Dukascopy clients are not exposed to any loss whatsoever. The management of Dukascopy Group has decided to take an exceptional decision to cover negative balances on client accounts related to CHF move on SNB decision on 15.01.2015. In spite of the fact that agreements and regulation allow Dukascopy to claim negative balances compensated by clients, it was ... (full story)

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