Business As Usual
Posted on: 16 January 2015 , by: Pepperstone Support , category: Pepperstone Company News
Over the last 24 hours the currency markets have seen extreme volatility due to the Swiss National Bank’s abandonment of its EURCHF floor. This extreme volatility has rocked the markets with many brokers reporting major losses.
At Pepperstone, our strong financial profile and risk management systems mean that the business is operating as usual and has been largely unaffected by these events.
Pepperstone continues to hold well in excess of our ASIC regulatory capital requirements.
While we have experienced a high volume of support related inquiries around the recent market volatility, our trading and support hours remain normal. Feel free to contact us should you have any questions.