And it was on that ill-fated day, January 15, 2015, that client’s order was closed at the level of 1.1972, but then the price was revised due to a sharp deterioration in liquidity.
As a result of the depeg of the franc to the euro, and without warning, many investors suffered losses. The broker, on the other hand, did not do anything illegal, he simply provided customers with objective quotes. And such adjustments do not contradict the law on the protection of investors’ rights.
The court’s decision fully met the expectations of the broker.
