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Important Notice - Decision to discontinue pricing in some exotics symbols

2017-9-14 21:03:31Announcements
 Important Notice - Decision to discontinue pricing in some exotics symbols


Dear Client:

 

Please be advised that, with effect from June 17th, We will no longer offer parts of exotics symbols for trade(EURPLN, EURZAR, GBPSEK, NOKJPY, NOKSEK, SEKJPY, SPA35, SWI20, US2000, XNGUSG, ZARJPY), as tradable instruments due to the fact that market (bank) liquidity in these products has become sporadic at best and, in some cases, is non-existent. This decision to discontinue pricing in these symbols was made in order to protect our valued client base from exposure to unnecessary market risk.

 

By the time, any positions that remain open will be closed by platform at the prevailing market rate.

 

Thank you in advance for your understanding in this matter. 

Please contact us if you have any questions.

 

UBANK FX