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WikiFX Express

EU ministers to set out on long road to complete banking union

Forex on its downside risk like Ruble

WikiFX

| 2022-04-29

Abstract：Even though trading on a bilateral basis is still technically possible,

Banks that provide foreign exchange services have largely ceased pricing the #ruble, and prime brokers have been removing credit lines used by clients to trade the currency.

Click Here After Reading It #wikifx #CMC

While bilateral trading is still technically possible, this does not mean it is simple. According to Ross Newell, Business Development Manager at CMC Markets, firms that are cut off from FX prime brokers can still trade directly with banks, but they will lose the benefits of netting and aggregated pricing.

Disclaimer:

The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.

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EU ministers to set out on long road to complete banking union

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WikiFX Express

EU ministers to set out on long road to complete banking union

Russian cenbank supports merger of sanctioned banks Otkritie and VTB

Forex on its downside risk like Ruble

EU ministers to set out on long road to complete banking union

Russian cenbank supports merger of sanctioned banks Otkritie and VTB

Read more

Long Position vs Short Position in Forex Trading: Know the Differences

FONDEX Review: Do Traders Really Face Inflated Spreads & Withdrawal Issues?

BingX Review: Traders Angry Over Withdrawal Denials, Account Blocks & More

Top Tips to Avoid Forex Margin Calls and Protect Your Capital

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