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Usd jpy positions closed


Guest JamesN

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At about 10pm London time on Wednesday, the yen appreciated more than 3 per cent against the dollar in just eight minutes. Assume spread increase over this vol period pushed your positions overboard and you didn't have enough margin.

Either way ... why even bother having equal and opposite positions open at the same time? There is no benefit WHATSOEVER and you're just paying overnight fundings?

Best to call them to find out the real reason.

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