FXDD ceasing trade in ITA40, SUI20 indices over low volumes

FXDD ceasing trade in ITA40, SUI20 indices over low volumes

- in All News, Forex Brokers
FXDD

Online forex broker FXDD said on Friday it will suspend trading in the ITA40 and SUI20 indices from 3 June, 2016. The reason for the change is the limited liquidity and the low trading volume of the two indices.  

As of 3 June, traders will no longer be able to open position in ITA40 and SUI20 and on 17 June opened positions will be liquidated.

Market order will be enforced only if the existing position reduction of, or the entire position settlement. Entry orders can be changed as necessary, but not those of the order is accepted unless a direction to settle the existing position.

Most large forex brokers have both ITA40 and SUI20 indices in their offering.

Source: FXDD

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