The NFA notified Forex Dealer Members that the required minimum security deposit for forex transactions involving the British pound under Section 12 of the NFA Financial Requirements will be increased to 5%. The increase is effective immediately. The NFA explained that the increase is related to events concerning Brexit.
The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.
We operate a free-to-view policy, asking only that you register in order to read all of our content. Please login or register to view the rest of this article.