ARTICLE
14 November 2016

NFA Increases Minimum Security Deposit For Forex Transactions Involving British Pound

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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%.
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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.

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