Could also influence the FED do a rate hike in July instead of June, if at all.
Saxo warns clients it may hike margin deposits around Brexit vote
Leading retail foreign exchange broker Saxo Bank said on Wednesday there was a "high probability" it would raise the amount customers have to deposit with them to account for increased risks around the Brexit vote. In an email sent to clients, the bank said the vote -- scheduled for June 23 and which will decide whether Britain stays in the European Union or not -- has the potential for creating sharp movements, including huge price gaps in currency pairs and periods when liquidity will be in short supply in the market. "Clients have been advised that should there be increased market volatility and liquidity ... (full story)