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This story was first published on theweeklyFiX, for more details please click here |
South Korea’s financial regulator, the Financial Services Commission has decided to increase margin requirements on retail FX trading from 2% to 5%. The move, effective on September 1, is largely as a result of the high rate of losses among retail investors. The FSC says that the vast majority – more than 90% – of retail accounts incurred losses.
