Saxo rolls back extraordinary margins
FXCM and FxPro hold firm for now
Saxo Bank has removed the extraordinary margin policy it activated on July 3, in the wake of Greece's referendum on accepting its international creditors' proposals.
The Danish bank notified clients on July 16 that due to the stabilising situation in Greece it would reinstate its previous margin requirement levels – 2% for sterling and the dollar, 3% for the euro, and 5% on Swiss franc pairs.
"We will, of course, continue to monitor the situation closely, and respond to changes in market
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