CURRENT MARKET CONDITIONS

 

In the last two to three weeks, the market has experienced severe trading conditions that have adversely impacted our services.

 

The Japanese Yen weakened beyond most traders' expectations, with extremely strong trends recorded in all crosses. This was an unprecedented event, as it breached a 30-year level of weakness without any support from the Japanese Government and continued onwards. Such a drastic and unexpected market movement was a significant factor in the adverse impact on our services.