TRY Trading Restrictions

28.03.19
Turkish Lira Trading Restrictions

Dear Trader,

Given the recent increase in volatility in the Turkish Lira and the considerable increase in TRY overnight swap rates, we will be switching TRY pairs to 'close only' with immediate effect.

If you currently have open exposure in TRY pairs you will be able to close them but you will not be able to increase your position until further notice.

Should you have any queries, please contact us at [email protected] or on +64-9-6320100.


Kind regards,
PFD Management


Disclaimer

Investing in derivatives can be risky and these products are not suitable for all investors and traders. Any general advice in this electronic communication does not take into account your personal objectives, financial situation and needs. Please seek advice from a financial adviser and read Product Disclosure Statement before making a decision in relation to any investment.

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