Alpari, the largest forex and CFD broker in Russia in terms of trading volume in 2015, announced that trading in the instruments #BRNZ6 and #ENX6 will be put into “close only” mode on October 5.
From October 14 all still open positions on those two instruments will be closed and the pending orders will be deleted.
In its announcement Alpari notes that trading in CFDs on futures of Brent and WTI oil is now available in the recently expanded instrument offering on the ecn.mt4, ecn.mt5 and pro.ecn.mt4 accounts.
Alpari is headquartered in Russia and has offices in Saint Vincent and the Grenadines, Mauritius, and the UAE. The group consists of Alpari-Broker (Russia), Alpari Ltd. (Saint Vincent and the Grenadines), Alpari International Ltd. (Mauritius), Alpari Ltd. (Belize), and Alpari Forex (Russia). Alpari used to operate a UK-regulated branch, which went insolvent in January 2015 after it faced exceptional volatility and extreme lack of liquidity as a result of the EUR/CHF collapse.
Last week Alpari reported a $84 billion trading turnover in August, continuing the upward trend that started in July.
Also last week the broker announced it is canceling the premium conditions for nano trading accounts on the MT4 servers.