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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

Disclaimer
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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