SNB decision and CHF volatility did not affect TradersWay's financial position.
January 16, 2015. TradersWay, a prime on-line FOREX and CFD broker, is pleased to ensure all clients and partners that because of our strict risk management policies and high capitalization, we were able to limit our exposure to the Swiss Franc following the SNB Statement and minimize losses.
Following the Swiss National Bank Policy Statement on Thursday, there was substantial volatility in the Swiss Franc affecting all CHF currency pairs. This has unfortunately caused many brokers significant losses, some of which have closed down permanently and filed bankruptcy.
We adhere to high business standards and management processes that have allowed us to overcome the unprecedented volatility. TradersWay would like to inform our clients that our business was minimally affected and we will continue to operate in its normal fashion.