Reduction of maximum leverage on TRY instruments
Due to possibility of a risk of significant price gaps and low liquidity on TRY instruments, which may cause negative equity on client accounts, FXFINPRO CAPITAL is implementing a maximum leverage for EUR/TRY and USD/TRY exposures of 1:10 as of 27 July 2016 at 10:00 GMT. (So the margin requirements will be 10% of these positions value.)
Traders are invited to estimate their margin usage at the moment when the leverage reduction is applied and adjust their exposure if needed. For all accounts where there is no exposure in EUR/TRY and USD/TRY the lower maximum leverage will be applied today, 21 July 2016 at 14:00 GMT.