IIROC Lowers Margin Trading Requirement for CAD
Posted: Sun Jan 17, 2016 6:20 pm
The Canadian self-regulatory organization IIROC, has issued an announcement about a pending increase in margin requirements on some foreign exchange (FX) pairs including the Canadian dollar (CAD), following a change in volatility, according to an IIROC statement.
The Investment Industry Regulatory Organization of Canada (IIROC) is tasked with the handling of the domestic regulatory environment, having enjoyed a unique structure as it regularly updates FX margin trading requirements depending on FX volatility.
More specifically, the IIROC has issued a revised table for all margin requirements of different currency pairs, with the notable change in the leverage ratio of the US dollar ... (read more)