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Forex on its downside risk like Ruble
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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