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IG Japan reduces margin rate for TRY pairs

IG Securities, the Japanese subsidiary of electronic trading major IG Group, is reducing the margin rates on TRY pairs.

IG Securities, the Japanese subsidiary of electronic trading major IG Group, has raised margins for Turkish lira (TRY) instruments.

Due to recent economic events in Turkey, there has been a substantial increase in the volatility of the Turkish lira (TRY).

OANDA Securities has issued a warning regarding market fluctuations around the upcoming Turkish presidential elections.