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FxPro: CHF pairs trading suspended until further notice
Email received this evening from FxPro:
Dear Client,
Due to the unprecedented market conditions seen across CHF pairs today FxPro have taken the decision to suspend trading on all CHF Pairs. Despite attempting to maintain a suitable trading environment for our clients, the conditions experienced today have made this unsustainable. For this reason we have taken this decision in order to protect the interests of all FxPro clients.
FxPro will resume pricing these pairs once market stability returns. For clients with open positions, please contact the FxPro Dealing Desk at +357-25969237 if you wish to close your open positions.
We would like to apologize for any inconvenience caused by this trading suspension, however due to the current market circumstances we cannot offer trading on the RUB pairs at this current time.
Kind Regards,
Customer Support
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UPDATE received just now by email:
Dear Client,
FxPro is pleased to announce that trading on all CHF crosses will resume today as of 12:00 GMT+2, with a leverage of 1:10 for the protection of our clients.
We would like to urge that clients exercise caution when trading these pairs. The possibility for high volatility remains, particularly in the run-up to Thursday’s ECB interest rate decision and policy statement.
FxPro will continue to monitor the market and may take steps to protect its clients in the event of extreme market conditions.
As always, adequately capitalised accounts in relation to trade sizes and sound risk management rules are key. We wish you all a profitable week.
Should you have any questions please do not hesitate to contact us.
Kind Regards,
Customer Support
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