BUSINESS AS USUAL

16.01.15
BUSINESS AS USUAL AT PFD-NZ FOLLOWING EXTREME CHF VOLATILITY

PFD-NZ today reported business as usual following the extreme market volatility caused by the discontinuation of the CHF peg by the SNB.

Thursday was a difficult day for the FX marketplace following the unprecedented volatility in the Swiss Franc. Our risk management ensured that PFD-NZ suffered no financial repercussions. It is business as usual for our clients on Friday.

To guard against the severity of the price action after the announcement, we have increased minimum margin for CHF pair to 5%.

PFD Team

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Investing in margin foreign exchange and other derivatives can be risky and these products are not suitable for all investors and traders. Any general advice in this electronic communication does not take into account you or your client's personal objectives, financial situation and needs. Please seek advice from a financial adviser or broker and read PFD Disclosure Statement before making a decision in relation to any investment.

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Product Inquiries and Service Numbers PFD provides continual 24 hour support from 10:00 am Monday New Zealand time (11:00 PM Sunday London time, 6:00 PM Sunday New York time) through 10:00 am Saturday New Zealand time (11:00 PM Friday London time, 6:00 PM Friday New York time)

Physical Address:
Level 8, Swanson House,12- 26 Swanson St., Auckland Central 1010, New Zealand
Mailing Address:
PO Box 105108, Auckland City 1143, New Zealand
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+64 9 6320129/100/121
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Risk Warning & Disclaimer
Trading in futures, options, forex and Over the Counter (OTC) products offered as Contract For Differences (CFDs) by Pacific Financial Derivatives Limited, company #973842 is speculative in nature and not appropriate for all investors. Investors should only use risk capital when trading futures, options, forex and CFDs because there is always the risk of substantial loss. It is important investors carefully consider their objective, financial situation and level of experience. It is recommended that investors seek independent advice before trading. Account access, trade executions and system response may be adversely affected by market conditions, quote delays, system performance and other factors.
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