NFA Calls For Increases in Margin Requirements for FX Ahead of Election

[kreslik.news]

Brokers are not the only entities cautiously watching the US election on Tuesday – the National Futures Association (NFA), the American self-regulatory group governing on-exchange traded futures, retail off-exchange foreign currency and OTC derivatives, has increased the margin requirements for foreign exchange (FX) transactions in anticipation of a tightened race, per a NFA statement.

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The US election has become a near coin toss according to recent polling, which could make it one of the most seismic events since the Swiss National Bank (SNB) crisis ... (read more)