Statement on Swiss Franc Movement

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The recent move on the Swiss Franc (CHF) caused by the Swiss National Bank’s unexpected removal of their cap on their currency against the Euro (EUR), has generated exceptional volatility in the Market.

ICM Capital can confirm that it’s Risk Department has managed the exposure to the Swiss Franc (CHF), and this dramatic movement in the currency has had no material impact on the company's financial and trading position. ICM Capital remains financially strong and continues to meet our capital regulatory requirements.

If you have any queries, please do not hesitate to contact us on +44-207-634-9770 or email to clientservices@icmcapital.co.uk

CFDs and Spot FX are complex instruments and come with a high risk of losing money rapidly due to leverage. Your profit and loss will vary according to the extent of the fluctuations in the price of the underlying markets on which the trade is based. Read More