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Changes in trading conditions for the Turkish Lira instruments

12.04.2017 / 16:06

Dear Clients and Partners!

On April 16th 2017, Turkey is planning to hold a referendum on a possible transition from the parliamentary government to the presidential republic. Therefore, all currency pairs with the Turkish Lira (TYR) might get more volatile, and, as a result, the liquidity might reduce significantly. RoboForex is introducing temporary restrictions in the trading conditions for USDTRY and EURTRY instruments in order to decrease risks for the Company’s clients.

Changes in trading schedule on the Turkish Lira (TYR) instruments

  • From the market opening on April 14th 2017, Friday, and to the market closing on April 18th 2017, Tuesday, "Close only" will the only mode for the TYR instruments in MT4, MT5, and cTrader platforms. Opening new positions will be unavailable.

On April 19th 2017, all trading conditions will be restored to usual.

We recommend you to take into account these changes when planning your trading activity and modify the number and volume of your open TYR positions in advance.