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Clearing on trading servers of Fresh Forex company

By fxnewbonus.com Posted 1 min read
Clearing on trading servers of Fresh Forex  company

We would like to inform you that from April 28, 2014, clearing will be presented on trading servers of "FreshForex" company. We are striving to increase level of the company's reliability, so we've introduced a new tool of financial control.

Clearing is the procedure of cashless settlement between the company and its contractors. All major banks and reliable brokers use clearing for mutual settlement with cooperating entities.

Please note that clearing will not affect rollover of clients' positions through the night. But as long it this procedure is active, trading and non trading operations are prohibited on the trading server and there will be no quotes. Clearing begins at the opening of trading day at 00:00 as per the server's time and can take up to 5 minutes.

"Terms and definitions" and the 8th article of “Regulation of trading transactions" documents have been amended accordingly.

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