FXTM announced Normal Trading Resumes in fully Tradable Mode Again
After switched trading on CHF-based instruments to “Close-only” mode, FXTM announced today Normal Trading Resumes with CHF-based Instruments in Fully Tradable Mode Again.
Markets are gradually stabilizing in the aftermath of last week’s surprise events, which shocked the global investment world. On January 15th, the Swiss National Bank announced their decision to unpeg the franc from the euro in a move which jolted the global markets and disturbed the plans of countless investors worldwide.
In response to the crisis which unraveled following the shocking news, FXTM switched trading on CHF-based instruments to “Close-only” mode, allowing traders with open positions to close them, but not to open new positions. These steps were taken to protect our clients from further exposure to the high market volatility created at the time, and we are pleased to announce that today, normal trading has recommenced and all CHF-based instruments are now fully tradable.
All negative balances which arose during the hours of high volatility have been rectified by FXTM and business continues as usual.
Source: FXTM – Normal Trading Resumes with CHF-based Instruments in Fully Tradable Mode Again
