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OANDA Japan changes restrictions on HKD currency pairs trading
OANDA Japan has amended the restrictions on the amount that can be held in HKD pairs.
Retail Forex broker OANDA Japan today announces changes to the restrictions in trading in Hong Kong dollar (HKD) pairs.
Let's recall that, due to the increased tensions in Hong Kong, OANDA has implemented a set of restrictions on HKD pairs transactions handled by the NY server.
As previously guided, the margin rate of HKD currency pairs was raised from 5% to 10% from the start of trading on Monday, November 25th for individual and business accounts.
On the brighter side, as of today, OANDA Japan has changed the restrictions on the amount of money that can be held for HKD currency pairs. The new caps, which are higher when compared to those announced last week, are:
AUD / HKD 25,000,000
CAD / HKD 23,000,000
CHF / HKD 17,000,000
EUR / HKD 15,000,000
GBP / HKD 13,000,000
HKD / JPY 133,000,000
USD / HKD 17,000,000
NZD / HKD 26,000,000
SGD / HKD 23,000,000
With regard to USD/HKD, OANDA Japan has stopped accepting new [buy] orders. The date of resumption of acceptance of such orders is undecided. New [Sale] orders and [Buy position settlement] are still available for trading.
According to data unveiled by the Hong Kong's Secretary for Security John Lee today, since June 9, 2019, more than 900 protests, processions and public assemblies have been staged in Hong Kong, and many of them ended up in serious violent illegal acts. In the past five months or so, th
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