Forex on its downside risk like Ruble

  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.

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