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On the same «радужной» ноте:
— IG Group confirmed potential loss in 30 миллионов фунтов стерлингов, noting, what «IG Group closed clients' positions at levels, inappropriate, necessary to ensure proper hedging». The company's shares fell by 6.7%.
— FXCM, one of the world's largest forex brokers, Reported, that their customers need more 225 million US dollars, causing a negative balance on the company account, and threatening a shortage of funds, required by law to continue the work of the company. FXCM shares fell by 15%.
— OANDA did not disclose the exact amount of losses incurred, but released a message on the topic «despite huge losses and disappeared liquidity, we still work transparently» (что бы это значило?)
— Excel Markets, based in New Zealand, informed clients, that their capital no longer meets the legal requirements to continue working, and they will not be able to continue the business.
Думается, what a sequel, Unfortunately, should…
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Really, if you look at the distribution of players before moving on the franc, it is clear that more 90% stood in a long EUR / CHF pair. And this is understandable — the price was 1,2000, and below promised not to let the Swiss bank. Since no one had any doubts about their promises, then there was no point in opening the shorts and everyone stood in the long with a sense of security., type of guaranteed earnings. And here again, and the Bank of Switzerland decided not to support the exchange rate any longer and the price collapsed instantly. Understandably, that the stop-losses did not have time to be executed and the percentage on 15-25 worse. Considering the marginality of trading, the losers owe huge sums. А тем, who were lucky in other currency pairs with the participation of the Swiss franc and made a huge fortune— here the DCs will not be able to pay them their winnings, because they just don't have that much money.
Here is the distribution of long / short players in Oanda. I am sure, that the same picture is in other DC.
For USD / CHF pair more than 60% players stood long
Saxobank turned out to be the most cunning. He simply stated that he would review all transactions and rewrite them retroactively. (will draw) as it sees fit, so, so as not to go bankrupt or even stay at a loss :)
