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How will FX companies avoid a second “Black Thursday” if Greece exits EU?

From leaprate.com

Industry executives speak to LeapRate regarding a close eye is being kept on margin utilization and the requirement for clients to be sufficiently funded in case of extreme volatility caused by an exit from the Eurozone and subsequent default by Greece. Europe’s economy has been an epicenter of volatility over recent months, with national debt to GDP ratios among mainland European nations at very high levels, and, more significantly, Greece’s imminent insolvency and potential inability or unwillingness to pay its large debt to the European Central Bank. Switzerland shocked the entire global financial services ... (full story)

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  • Category: Breaking News