OANDA Japan restricts trading in Turkish Lira
OANDA Japan Inc, a subsidiary of online broker OANDA Corporation, today announced restrictions on trading in Turkish Lira (TRY).
In a notice to its clients, the broker explained that, currently, there are large fluctuations in the financial markets, including the foreign exchange market for TRY.
As a result, effective today, OANDA Japan stopped accepting new orders for currency pairs including the Turkish Lira (TRY).
The affected currency pairs are:
- TRY/JPY
- EUR/TRY
- USD/TRY
Traders can still settle positions they hold in the above-mentioned FX pairs. It is not yet decided when the acceptance of new orders will resume.
The broker apologizes for any inconvenience this change may cause, and appreciates traders’ understanding.