FOREX.com Japan to change margin requirements for TRY pairs
FOREX.com Japan plans to raise the required margin for USD/TRY, TRY/JPY and EUR/TRY, effective December 30, 2021.
Forex.com is one of the oldest and most recognizable brands in online Retail FX and CFD trading. It was the leading brand of publicly traded brokerage Gain Capital Holdings Ltd., which also operated City Index in the UK and the GTX institutional FX trading operation.
Bedminster, NJ based Gain Capital was acquired by StoneX Group (Nasdaq:SNEX), formerly INTL FCStone, in July 2020 for $236 million, and since then Forex.com is a unit of StoneX.
Forex.com trading volumes have averaged about $200 billion per month in 2020.
FOREX.com Japan plans to raise the required margin for USD/TRY, TRY/JPY and EUR/TRY, effective December 30, 2021.
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