Retail brokers take action amid concerns over Greece

cyclone-marcia-2 — Retail brokers prepare for Greek referendum

- By Alessandro Aimone
- @aimoneale
- 01 Jul 2015

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Several retail brokers, including Saxo Bank, are increasing the margins required from retail investors ahead of Greece's referendum on accepting international creditors' proposals, set for Sunday, July 5.

The Danish bank warned clients that margin requirements will be increased by 2% in euro pairs, bringing the level of required margin to 4%. The bank is also going to push up the margins needed on sterling and dollar pairs by 1%. The changes will be effective from market close on Friday, July 3

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to print this content. Please contact customer services - www.fx-markets.com/static/contact-us to find out more.

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email info@fx-markets.com