Euro Pacific Bank

Changes to CZK Margin and Exposure Limit

EFFECTIVE: WED APR 19th at 13:00 GMT

In response to the Czech Central Bank’s decision to remove the peg on the Czech Koruna, we are now able to move the Czech Koruna to a free-floating currency margin schedule. The below table will represent the new schedule for the Czech Koruna tier rates based on your margin profile.

CCY USD 0-1mm USD 1-3mm USD 3-5mm USD 5-10mm USD 10-25mm USD 25-50mm USD 50+mm
CZK 4% 4% 8% 8% 15% 20% 100%

Flat rates for the Czech Koruna will be set at 4% for a maximum currency limit of USD 3mm

These new tier and flat rates will be effective as of Wednesday, 19 April 2017, at 13:00 GMT.