IG Securities adds HUF/JPY, CZK/JPY currency pairs
IG Securities expands Forex options with new pairs
IG Securities, the Japanese subsidiary of global trading giant IG Group, has announced the addition of two new currency pairs for Forex trading.
Starting from November 19, 2024, traders can trade the Hungarian Forint/Japanese Yen (HUF/JPY) and Czech Koruna/Japanese Yen (CZK/JPY) pairs, as stated on the broker’s website.
Key details of the new offerings
The maintenance margin requirements for these currency pairs are as follows:
HUF/JPY: Maintenance margin rate of 4%, approximately ¥1,700 per lot.
CZK/JPY: Maintenance margin rate of 5%, approximately ¥3,500 per lot.
The broker emphasized that FX trading for CZK/JPY is not available for corporate accounts. Knockout option fees vary depending on the chosen "knockout" price, offering flexibility for trading strategies.
Commitment to expanding offerings
With the inclusion of HUF/JPY and CZK/JPY, IG Securities now provides its users access to a portfolio of 100 currency pairs. These range from major pairs, such as EUR/USD, to emerging market currencies like the Brazilian real, and exotic options, including the Turkish lira and South African rand. The company remains committed to expanding its product lineup to meet the diverse needs of its clients and improve their trading experience.
It is worth noting that IG Securities recently updated its economic calendar. The new economic calendar provides users with more accessible and comprehensive tools for market analysis.
