Thank go I aint in Japan, but no worries, 25 x margin is still more then enough. Way more then needed or should be used!
-There are now over 100 currency margin brokerages in Japan, with margin requirements that vary from 20 to several-hundred-fold.- DOMO DOMO !!! www.youtube.com/watch?v=Da9X4tnW2o4
Dead? rotflmao 50:1 or 25:1 anything ain't dead. Futures is just around 20:1 now so is it dead too? Looks good to me for a dead market.
No the real threat to FX is a move back to fixed exchange rates. I trade currencies but I am for a fixed exchange rate system . Floating rates are an economic plague that profits only to bankers and speculators.
Actually this is not that far off. Even Soros would agree that the benefits of such a floating system are starting to dwarf the downsides.
Well, while you ROTFLYAO, consider this: There is also the threat to price action. Things might get a lot choppier with lower levels of leverage. fx futures is around 1:60, not 1:20.