IG Japan raises margin for TRY currency pairs
IG Securities, the Japanese subsidiary of electronic trading major IG Group, has raised margins for Turkish lira (TRY) instruments.
The changes, which were implemented on May 24, 2024, reflect the current market environment.
IG has raised the maintenance margin rate for new positions in Turkish Lira-related pairs (TRY/JPY, CHF/TRY, EUR/TRY, USD/TRY, GBP/TRY) to 25%. There are no changes to existing positions.
The broker advises traders to be careful when managing their positions as the maintenance margin rate may change in the future depending on the market environment.
