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NFA orders US forex brokers to raise margin requirements for GBPUSD
The US National Futures Association (NFA), the self-regulatory organization overseeing the activities of the US forex brokers, said it is raising the required minimum security deposit for transactions with the GBP from 2% to 5%. As per a notice published on NFA's website and requiring the immediate attention of its Forex Dealer Members (FDMs), from November 7, until further notice, the minimum deposit the forex brokers must have is 5% of the notional value of the transactions with forex pairs containing the British pound. Up until now the British pound was in the company of the Swiss franc, Canadian dollar, Japanese ... (full story)
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- Nov 7, 2016 5:13pm Nov 7, 2016 5:13pm
- Teddicus
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- Aussi
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IF,BUT,MAYBE,WHEN IT GETS TO, WAITING FOR
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- lance338
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