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May 9, 2023

OANDA to Change margin rate for AUD/JPY

byBT Team
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OANDA AUD/JPY

The Japanese subsidiary of online broker OANDA Corporation, OANDA securities, announced that it will change the trading conditions for AUD/JPY.

OANDA AUD/JPY

The broker declared that from May 15, 2023, the margin rate for AUD/JPY will change to 3%. The change will be applied on to business accounts on the Tokyo server and NY server.

For customers who hold positions in this currency pair, if they continue to hold positions after the market closes on May 13, a margin call may take place.

Read more: Institutional FX Trading Volumes Fall 14% | Brokers Times

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