TRY currency pairs are switched to a close-only mode
Dear clients,
In connection with the upcoming presidential election in Turkey, scheduled on May 14, 2023, an unstable situation is expected in trading the currency pairs with the Turkish lira. For the USDTRY, EURTRY, and GBPTRY currency pairs, there is a high probability of both an increase in volatility and a decrease in liquidity, which could occur on the eve of the election and after it. There is a high risk of sharp changes in the market situation, widening of spreads, and the appearance of gaps.
Considering this information, we notify you that we, together with liquidity providers, have taken... Read more https://bit.ly/3I4hwPC
