IIROC Raises Margin Requirements on MXN and EUR Pairs
Posted: Mon Feb 22, 2016 1:16 am
The Investment Industry Regulatory Organization of Canada (IIROC), the nation’s self-regulatory organization, has announced an additional alteration to its margin requirements on select foreign exchange (FX) pairs including 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. Recently, the IIROC issued a series of changes to the Canadian pairs with the Mexican peso and the euro.
Furthermore, the IIROC has revealed ... (read more)