IIROC Hikes Margin Requirements on Select CAD Crosses
Posted: Mon Apr 18, 2016 5:14 pm
The Investment Industry Regulatory Organization of Canada (IIROC), a domestic self-regulatory organization for currencies, has reported an alteration in its margin requirements on select foreign exchange (FX) pairs, this time pertaining to the Canadian dollar (CAD), following a periodic change in volatility, according to an IIROC statement.
The IIROC maintains a mandate for the handling of the domestic regulatory environment in Canada – the group enjoys a unique structure as it regularly updates FX margin trading requirements subject to FX volatility. Back in February, the IIROC issued a series of changes to the Canadian pairs with the Mexican peso and the ... (read more)