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TRY Trading Restrictions

28.03.19
Turkish Lira Trading Restrictions

Dear Trader,

Given the recent increase in volatility in the Turkish Lira and the considerable increase in TRY overnight swap rates, we will be switching TRY pairs to 'close only' with immediate effect.

If you currently have open exposure in TRY pairs you will be able to close them but you will not be able to increase your position until further notice.

Should you have any queries, please contact us at backoffice@pfd-nz.com or on +64-9-6320100.


Kind regards,
PFD Management


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