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Forex Brokers Tighten Trading Rules on Greek Fears

Forex Brokers Tighten Trading Rules on Greek Fears

5 Years ago | June 29, 2015 00:00:00

Forex brokers, with memories of the aftermath of the SNB fiasco that rocked the industry, are taking precautions to guard against volatility following the announcement of the Greek referendum on the debt bailout that occurred after markets closed on Friday. This has seen the EUR gap lower, both vs. the dollar and on its crosses, as the forex marketsopened for the week. Gaps are the biggest concerns to retail forex brokers as that is what could cause cleints to suffer negative balances in their accounts. See what some brokers are doing as a precaution.

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