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Swiss franc crisis: industry better prepared one year on

Brokerages have increased margin requirements and introduced other risk control measures

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The SNB's decision last year to abandon the franc's exchange rate floor was felt globally as the franc immediately strengthened by 30 per cent against the euro. Share prices of Swiss companies heavily dependent on exports took a nosedive.

London

SWITZERLAND's notorious Swiss franc crisis, which rocked markets one year ago and sent the currency spiking, could return to haunt traders, some analysts warn.

The nation's central bank stunned foreign exchange and other financial markets on Jan 15, 2015, when it

sentifi.com

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