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    New Margins for CHF Pairs starting from the EOD on Thursday, September 4

    FinFX would like to inform all our clients that starting from the EOD (end-of-day) of Thursday, September 4, 2014 we will increase margin on CHF to 2% on weekdays (with doubled margin requirements over weekends and holidays when the market is closed) due to the spot market leaving the 1.2150-1.2250 range where it has been for most of 2014.

    This is due to the increased pressure on the 1.2000-1.2050 EUR/CHF peg with the spot market leaving the 1.2150-1.2250 range where it has been for most of 2014, and making a low of 1.2050 on 28 August. The build-up of short CHF positions in the broader market could represent a large risk should the 1.2000 peg give way.

    A breach of the 1.2000 peg could see a significant appreciation of CHF, thus the margin on CHF will be raised to 2% on Thursday, 4 September, 2014 at 21.00 GMT in order to reflect potential increase in risk and protect our clients.


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