Temporary Leverage Adjustment for TRY Pairs

   

Please be noticed we’d expect wider spreads and high market volatility for TRY crosses during the upcoming Turkish election. General elections are scheduled to take place on 14 May 2023.

To prevent high-risk exposure and gap trading due to this event, we will be doing the following adjustments for TRY crosses on 2023.05.08.

1. Decrease Leverage to 5:1.

2. Set to Close only.

Symbols : USDTRY and EURTRY

Effective Date : 2023.05.08