FXDD Global Open for Business, Minimally Impacted by CHF Volatility

NEW YORK, Jan. 16, 2015 /PRNewswire/ -- FXDD Global (www.fxdd.com), a leader in international online foreign exchange trading, is fully operational following yesterday's extreme market volatility in CHF currency pairs.   

FXDD Global is communicating to customers and other traders looking for services that its customer service team is standing by to answer any and all questions. Electronic funding and transfer capabilities such as deposits, withdrawals and account transfers are also fully functional.

"As a result of yesterday's decision from the Swiss National Bank to discontinue its minimum exchange rate, causing extraordinary volatility and creating massive gaps where pricing was not available and no execution was possible, as with all entities in the FX Space, FXDD was forced to adjust pricing in the CHF pairs," said Emil Assentato CEO of Currency Mountain Holdings and Chairman of FXDD Global. "We apologize for having to take this extraordinary action. This was a global event that created illiquidity in all Swiss related products. All financial institutions have suffered because of this crisis. Despite these extraordinary market conditions, FXDD Global's trading operations remain stable, and we remain fully operational and open for business," said Assentato.

Customers and traders with any questions about their forex trading needs are urged to call FXDD Global customer service at: +356 2013-3933.

"We thank our clients for their continued support and trading and look forward to continuing to service them in the future," said Assentato.

About FXDD Global

FXDD Global is a global foreign exchange (forex) dealer and subsidiary of FXDD (www.fxdd.com). FXDD Global delivers innovative technologies and education that help empower client trading. FXDD Global provides services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers outside of the US. FXDD Global offers a comprehensive array of trading tools and platforms to accommodate all strategies, with dedicated, 24-hour customer service for every account holder. FXDD Global is headquartered in Malta, and is regulated by the Malta Financial Services Authority (MFSA).

For more information on FXDD, please visit www.fxdd.com.

SOURCE FXDD Global

Related Links

http://www.fxdd.com

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