Schedule of work and contacts of departments:
Closure of cent accounts and adjustment of trading operations
The discrepancy between real market quotes on STP accounts and the instant execution on cent accounts has become more frequent recently. Furthermore, the increase in Financial market volatility significantly affects the execution of clients' orders and the Company's financial risks.
Consequently, ICE FX, in accordance with clause 13.13 of the Client Agreement, annuls all results of trades on cent accounts opened between March 9, 2020 to date and has made the decision to close all cent accounts.