Proposed NFA Capital Requirement - page 59
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In your earlier post you said FXCM $113,463,000 and now FXCM $60,472,000??? why?
I think he find the numbers here: Financial Data for FCMs
But to know why the different brokers have this or that numbers from month to month one have to know in detail all financial activity the broker are doing all the time and that sounds like a big question..
Arctic4x
May Net Capital Report
The CFTC has just released their latest net capital figures. This is the current state of the U.S. retail fx industry:
Financial Data for FCMs
Advanced Markets $20,722,000
Easy Forex $20,928,000
Ikkon Royal $21,247,000
MB Trading $21,360,000
Alpari $22,312,000
Forex Club $25,427,000
CMS Forex $29,788,000
Interbank FX $35,611,000
PFG $36,465,000
FX Solutions $48,262,000
FXCM $63,999,000
GFT Forex $79,368,000
Gain Capital $98,125,000
Oanda $159,062,000
Why NFA so dislike hedging?
If traders want to buy and sell the same pair, they do need to use up more of their limited margin quota. What problem actually is raised in such hedging activities?
If traders want to buy and sell the same pair, they do need to use up more of their limited margin quota. What problem actually is raised in such hedging activities?
real hedging is for -- real business transaction
when product will be delivered, and we are not sure how will future USD and EURO performed
factory pay the fx market for certainty, the trader pay the fx market with volatility -- if you buy and sell in same level, you lost permium, unless you got the feed and you are the broker yourself (the firm)
America's Forex under Attack! Forex Go Offshore
It's been Tragic,
since 1970, i have no ideas what's behind this stupidity of men behind of NFA, CFTC was, it's about money isn't it ?
These rumors subjected http://www.cftc.gov:8765/cs.html?url=http%3A//www.cftc.gov/ucm/groups/public/%40newsroom/documents/file/forexrulesproposal.pdf&charset=iso-8859-1&qt=RIN+3038-AC61&col=cftcnew+cftcnex&n=1&la=en been initialy published by CFTC and now several broker on America have been Alliying and stick together to fight these discriminant rules,
The allies member / coallition have been made consist are
GFT
Oanda
IBFX
Gain Capital
FXCM
FX Solutions
FXDD
PFG Best
CMS ForexForex Dealers Coalition (FXDC), the official name of these allies have issued the statement you can follow : http://blogs.fxstreet.com/francesc/files/2010/01/competitiveness_summary.pdf
I realize the forex industry's of America will be endangered, i predict most of them event the broker that still pending member proccess in NFA will eventually go offshore
I do not know guys in USA act now, are you stick together in FXDC, or just stand inside your warm pillows house or what ?
It's like watching HISTORIC Channel, the theme is "HITLER's Blitzkrieg", or play computer games "WORLD in CONFLICT"
My opinions in these situations are, Forex America will go offshore, Billions an Billions money will go offshore, No more physical Head Office - Go Online everyone, thousands intelects employees will unemployed, Physical asset of Forex industry like Forex Dealing computerized will mass move to offshore, join with Marketiva, FXOPEN, Instaforex, Masterforex, Brocco, Exness ...