FXWW News

Brokers will revisit CHF trades, clients may suffer

Reuters are reporting that big retail FX brokers like Saxo Bank will “potentially set different rates for transactions conducted after the SNB move yesterday”.

“Once we are better able to establish the market liquidity,
all executed fills will be revisited and amended to more
accurate levels,” Saxo Bank said in a statement. “This may
result in a worse execution rate than the originally filled
level.”

 

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