Here we go: 2015.01.16 11:53:53 *UK Broker Alpari Enters Insolvency

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And what did they say then? That is additional measure, which helps maintain cap, and they are ready to do more. Great honesty.

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I do agree, but it is even possible, maybe a joint lawsuit, do we have a law expert here?

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But there are different conditions for each acc, for example cantons are not affected. Have u read the statement when they introduced -0,25%? They can aim negative rate as they want...

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They should have introduced massive negative rate first, making it very expensive to hold CHF. Then abandon the cap after some time. Money would search for another so called safe heaven, even when massive QE by ECB.

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That would be strong signal that they are determined to defend the cap, as they said they are ready to use additional measures immediately.

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I wouldn't be surprised if "charlie hebdo" happens in SNB headquarter.

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Not exactly, they could increase the negative rate to lets say -5%, wait and then abandon the cap, It was really stupid what they did, and it caused a lot of damage not only to traders...

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My broker (fxpro) covers the loss so I dont care

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I think some brokers can go bancrupt. My acc balance is -155 993 EUR

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Thanks Jordan

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Hope is maybe the leak hehe but to be honest i have doubts

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Gov Board Member Zurbrugg Speaks at 18:00, so maybe it is the reason...

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'Electronic Broking Services (EBS) is a wholesale electronic trading platform used to trade foreign exchange (FX) with market making banks. It was originally created as a partnership by a number of the world's largest banks and is now part of ICAP.'

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Looks like a countdown to rocket launch

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If the referendum is 'yes', then Cantons have to approve it, then government has 3 years to prepare law, then there ares 5 years to implement the changes, so nothing will happen immediately. It can take 8 years.

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So perfect day for floor raise

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