Retail brokers hike margins ahead of French election

IG Group, FXCM and Saxo take first steps to reduce risk for clients, while others will take action later this week

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Unprecedented scenario: latest figures show four candidates sitting within the polls’ margin of error – unheard of in French electoral history

Retail foreign exchange brokers are increasing the margin rates required from their clients in the run-up to the second round of the French presidential election on May 7, in an effort to preven