In our latest daily digest of news from across the global retail trading industry, we note that brokers are working to reduce clients’ risks in various ways.
Danish multi-asset broker, Saxo Bank, has decided to increase its margin requirement on CZK from the current level of 8% to 20% with effect from tomorrow, August 14th, 2015 at 10.00 am GMT.
Over the last few months the Czech koruna has continued to appreciate in value and is now trading near the intervention point of CZK 27,00 against the EUR. Saxo explains that as long as the CZK is trading at its current level and with an expected intervention from the Czech National Bank, “we want to ensure our clients are informed and prepared about the increased trading risk.”
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Admiral Markets announced today that it is implementing small yet important new features in its MT4 Supreme Edition requested by clients. From now on traders will be able to see the indicative risk and profit of all their positions in the MT4 Trade Terminal.
Until now, it was not easy to see positions risk in MetaTrader 4 in the account currency. However, the new Trade Terminal gives an overview and delivers substantial information about the account, giving a fast overview of positions risk and profits.
Additionally, traders are now able to get a summary of all accounts trades and see the combined risk and profits of all positions. With this small feature they can now assess risk much more easily and make necessary risk management decisions.