The decision by the Swiss National Bank has prompted the biggest FX
broker in Russia to switch trades with CHF pairs to “Close Only” mode.
Alpari,
the leading Forex broker in Russia, was one of the first companies to
react to the sharp appreciation of the Swiss Franc following the snap
decision of the Swiss National Bank this morning to abandon the limit on
the exchange rate of the CHF against the EUR. In response to the
increased volatility and the dried-up liquidity for the Swiss currency,
the Russian FX broker reacted by temporarily suspending trading with the
instruments that feature the CHF.
The measures that went into
effect early today affect the following currency pairs: EURCHF, USDCHF,
GBPCHF, CHFJPY, AUDCHF, NZDCHF, CADCHF, CHFSGD, CHFPLN, with the move
affecting all servers and account types.
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