Exclusive: Barclays control foreign exchange trading prior to mandate result - sources

Barclays stopped accepting new stop loss orders - a crucial part of currency trading - on Thursday as it and other banks acted to restrict possible losses and cap their exposure to the result of iq option review Britain’s EU mandate.Customers of the UK-based bank, who asked not to be called for factors of confidentiality, stated Barclays had informed consumers on Monday it would not execute such trades, where the bank seeks to close existing positions for clients at a pre-established rate, through its machine-trading algorithms.

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Finest e-FX Trading Location and Finest FX Hedging Platform: Hotspot

Last appearance turned into one of the most controversial practices in forex over the course of 2015, as regulators and market individuals focused on the alternative paid for to market-makers to withdraw from trades prior to their conclusion.Bats Global Markets-owned foreign exchange trading platform Hotspot was among the first platforms to take actions to prevent the misuse of last look, by both raising its minimum requirements for market-makers in regards to fill ratios and cancellations.

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As Brexit Shakes Pound, Forex Firms Tell Customers: Don t Trade

Concerned by currency volatility, financial-services business in Britain are stopping or advising versus foreign-exchange transactions during Thursday’s European Union mandate, in one indication of how this vote is disrupting the world’s monetary plumbing.In recent weeks, worries that a British exit from the EU will stoke worldwide economic uncertainty has roiled financial markets, stimulating wild swings in the pound, euro and other currencies and pressing banks to warn of more volatility to come.

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Lina Mikolajczyk, a U.S. person living in London

June 16,2016 6:09:pm

Trading
Lina Mikolajczyk, a U.S. person living in London

June 16,2016 6:09:pm

Trading
Lina Mikolajczyk, a U.S. person living in London

June 16,2016 6:09:pm