Here we start brokers announcements, was actually surprised that small brokers that I thought would scam clients, turned out to run prices smoothly yesterday.
- In the wake of market events yesterday, where the Swiss National Bank removed the floor at 1.20 on the EURCHF currency pair. This event caused CHF crosses to experience extreme volatility and above average spreads. NSFX demonstrated its ongoing commitment to doing right by its clients. Our liquidity providers and IT department did an excellent job of making sure our prices continued to stream and servers remained operational and in line with our commitment to bring the best prices available from the global market. NSFX as a whole did an excellent job of handling a situation many firms were unprepared for.
NSFX has suffered no detrimental effects and all client funds are safe and secure following this highly volatile day in the markets. NSFX did not re-quote or amend any CHF cross client trades. We forgive all negative client balances that were caused when clients could not close out their positions fast enough due to the sudden volatility.
Trading for all clients is commencing as normal. Client inquiries are being handled normally and those making withdrawals and deposits are able to do so as normal. We would like to thank all our customers for their continued loyalty and also welcome new traders who want to experience outstanding service and execution.
*surprisingly worked well
----------------------
- Please be informed that the extreme volatility experienced yesterday in the currency markets did not affect the financial stability of Varengold Bank AG. The combination of being a Germany based bank with a conservative risk management policy has paid off.
We look forward to continuing our successful relationship.
* Worked well
-----------------
- Even though the CHF has sustained exuberant levels of volatility due to the SNB’s announcement yesterday, all affected clients’ positions have been automatically stopped out before going into negative balance.
UFX has suffered no detrimental effects and all clients funds are held in segregated clients’ accounts at top-tier European banks where investor protection schemes apply.
Dennis de Jong, Managing Director of UFX: “The award-winning ParagonEX trading platform has fared well during these extreme conditions and has proven to be a solid backbone to our market execution system”.
Trading for all clients is commencing as normal.
*Biggest surprise(many big brokers failed to do this: all affected clients’ positions have been automatically stopped out before going into negative balance), worked well
----------
- Yesterday morning in an unexpected and unprecedented move, the Swiss National Bank (SNB) removed the peg of 1.20 CHF per EUR.
On the back of this announcement the Swiss Franc rallied by as much as 41% against the Euro and more than 15% against over 150 currencies. During this volatile period, many major banks and dealers experienced disruptions to electronic trading.
We are pleased to say that in keeping with our mission statement of acting with complete integrity, and providing transparent execution and best possible service, throughout this disruption we were able to fill our client orders at significantly better prices than could be found elsewhere at the same time.
As you may have read or seen in the press, there are a number of reports regarding large trading losses to some brokers. We appreciate that these reports make clients nervous, and we would therefore stress that this event has had no impact on the company.
We have robust risk measures in place to guard against events such as these and as a result we have not faced critical losses. We are proud that our internal controls and risk measures worked as designed.
We would also like to stress that all client funds are held in segregated bank accounts and are therefore completely separate to company funds and are unaffected by market events. We are processing refunds as normal.
We understand and are sympathetic to the fact that many people incurred losses as a result of this move and we would like to thank you for your patience and understanding of this significant and unprecedented event.
ayondo markets
*didn't know they exist
, worked well
------
- As you probably know, the Swiss National Bank removed the floor of 1.20 on the EURCHF yesterday at 9:30 GMT.
Following the announcement, there was no liquidity on the CHF pairs and the EURCHF market fell from the floor of 1.2000 to 0.95-1.00, and then further through 0.85-0.90, and liquidity finally returned at prices between 1.03-1.04, all according to the Electronic Broking Services (EBS) .
AvaTrade is applying fill levels for all executed trades/orders which occurred between the times of 09:30:00 GMT to 10:50:00, with a EURCHF price of 1.0450. For all other CHF pairs, the execution rate will be calculated and the trades/orders will be adjusted by using the EURCHF price from the above and the relevant 3rd currency price vs EUR at the time.
AvaTrade is pleased to confirm that yesterday’s SNB statement and Swiss Franc volatility had no material effect on the company’s strong financial position.
*Scam broker, no liquidity until 1.0450, adjusted..relevant 3rd currency, what a bunch of basXXXds
---------
-
As a result of the SNB’s announcement and the following volatility in the Swiss Franc markets some of our clients suffered losses while others made gains. Overall the eToro community has been very understanding of the situation. While these events were hard for many, they also allowed us to witness once again how traders help each other within our social investment network.
It’s important to note that the eToro trading desk hedges its trades with our liquidity providers, therefore any losses that our clients suffered were losses in the institutional market. With that in mind, we are pleased to inform you that we are dealing with these events from a strong, stable position, while in full compliance with our regulatory demands and commitment to our clients.
Furthermore, we are back to business as usual with our system fully operational, after a few hours of suspending trading for all CHF crosses yesterday. All deposits, withdrawals and orders are being executed in a fast and orderly manner.
We would like to thank you again for your support throughout this volatile and historical day.
*suspicious broker
--------------
continued..
- In the wake of market events yesterday, where the Swiss National Bank removed the floor at 1.20 on the EURCHF currency pair. This event caused CHF crosses to experience extreme volatility and above average spreads. NSFX demonstrated its ongoing commitment to doing right by its clients. Our liquidity providers and IT department did an excellent job of making sure our prices continued to stream and servers remained operational and in line with our commitment to bring the best prices available from the global market. NSFX as a whole did an excellent job of handling a situation many firms were unprepared for.
NSFX has suffered no detrimental effects and all client funds are safe and secure following this highly volatile day in the markets. NSFX did not re-quote or amend any CHF cross client trades. We forgive all negative client balances that were caused when clients could not close out their positions fast enough due to the sudden volatility.
Trading for all clients is commencing as normal. Client inquiries are being handled normally and those making withdrawals and deposits are able to do so as normal. We would like to thank all our customers for their continued loyalty and also welcome new traders who want to experience outstanding service and execution.
*surprisingly worked well
----------------------
- Please be informed that the extreme volatility experienced yesterday in the currency markets did not affect the financial stability of Varengold Bank AG. The combination of being a Germany based bank with a conservative risk management policy has paid off.
We look forward to continuing our successful relationship.
* Worked well
-----------------
- Even though the CHF has sustained exuberant levels of volatility due to the SNB’s announcement yesterday, all affected clients’ positions have been automatically stopped out before going into negative balance.
UFX has suffered no detrimental effects and all clients funds are held in segregated clients’ accounts at top-tier European banks where investor protection schemes apply.
Dennis de Jong, Managing Director of UFX: “The award-winning ParagonEX trading platform has fared well during these extreme conditions and has proven to be a solid backbone to our market execution system”.
Trading for all clients is commencing as normal.
*Biggest surprise(many big brokers failed to do this: all affected clients’ positions have been automatically stopped out before going into negative balance), worked well
----------
- Yesterday morning in an unexpected and unprecedented move, the Swiss National Bank (SNB) removed the peg of 1.20 CHF per EUR.
On the back of this announcement the Swiss Franc rallied by as much as 41% against the Euro and more than 15% against over 150 currencies. During this volatile period, many major banks and dealers experienced disruptions to electronic trading.
We are pleased to say that in keeping with our mission statement of acting with complete integrity, and providing transparent execution and best possible service, throughout this disruption we were able to fill our client orders at significantly better prices than could be found elsewhere at the same time.
As you may have read or seen in the press, there are a number of reports regarding large trading losses to some brokers. We appreciate that these reports make clients nervous, and we would therefore stress that this event has had no impact on the company.
We have robust risk measures in place to guard against events such as these and as a result we have not faced critical losses. We are proud that our internal controls and risk measures worked as designed.
We would also like to stress that all client funds are held in segregated bank accounts and are therefore completely separate to company funds and are unaffected by market events. We are processing refunds as normal.
We understand and are sympathetic to the fact that many people incurred losses as a result of this move and we would like to thank you for your patience and understanding of this significant and unprecedented event.
ayondo markets
*didn't know they exist
, worked well------
- As you probably know, the Swiss National Bank removed the floor of 1.20 on the EURCHF yesterday at 9:30 GMT.
Following the announcement, there was no liquidity on the CHF pairs and the EURCHF market fell from the floor of 1.2000 to 0.95-1.00, and then further through 0.85-0.90, and liquidity finally returned at prices between 1.03-1.04, all according to the Electronic Broking Services (EBS) .
AvaTrade is applying fill levels for all executed trades/orders which occurred between the times of 09:30:00 GMT to 10:50:00, with a EURCHF price of 1.0450. For all other CHF pairs, the execution rate will be calculated and the trades/orders will be adjusted by using the EURCHF price from the above and the relevant 3rd currency price vs EUR at the time.
AvaTrade is pleased to confirm that yesterday’s SNB statement and Swiss Franc volatility had no material effect on the company’s strong financial position.
*Scam broker, no liquidity until 1.0450, adjusted..relevant 3rd currency, what a bunch of basXXXds
---------
-
As a result of the SNB’s announcement and the following volatility in the Swiss Franc markets some of our clients suffered losses while others made gains. Overall the eToro community has been very understanding of the situation. While these events were hard for many, they also allowed us to witness once again how traders help each other within our social investment network.
It’s important to note that the eToro trading desk hedges its trades with our liquidity providers, therefore any losses that our clients suffered were losses in the institutional market. With that in mind, we are pleased to inform you that we are dealing with these events from a strong, stable position, while in full compliance with our regulatory demands and commitment to our clients.
Furthermore, we are back to business as usual with our system fully operational, after a few hours of suspending trading for all CHF crosses yesterday. All deposits, withdrawals and orders are being executed in a fast and orderly manner.
We would like to thank you again for your support throughout this volatile and historical day.
*suspicious broker
--------------
continued..
