Dear Valued Client,
Swiss National Bank (SNB) has a long history of currency intervention and the recent changes in the portfolio of SNB implies an intervention in the currency markets, to stem the rise of Swiss Franc, can be imminent. It is widely known that the recent strength of CHF has been a worry for the SNB and a currency intervention would not be out of character for the SNB.
In light of this, INFINOX has conducted a review of our risk management policies with the intention of providing a more secure trading environment for our clients.
From 30th of August, 00:00 MT4 Server time we will be applying margin changes as below:
| CHF Margin Change | |
| Product | New Margin |
| AUDCHF | 2% (1:50) |
| CADCHF | 2% (1:50) |
| CHFJPY | 2% (1:50) |
| EURCHF | 2% (1:50) |
| GBPCHF | 2% (1:50) |
| NZDCHF | 2% (1:50) |
| USDCHF | 2% (1:50) |
Please consider this notification carefully and be sure to maintain sufficient capital in your account.
Do not hesitate to contact us with any questions that you may have.
Kind regards
Ref:INFINOXCN040-2021
