Tag Archives: FCM
The US Commodity Futures Trading Commission has released FCM financial data for March 2013. Among individual names, GAIN Capital was the biggest mover upside, aided by the broker’s acquiring of FX Solutions’ client base.
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MB Trading Fined $200,000 For Failing to Maintain Minimal Capital Requirements
15
2013
United States financial regulator fines MB Trading a FX broker for failing to meet minimal capital requirements. The broker had miss-appropriated funds for 17 months after the new rules were mandated.
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The CFTC has posted its financial data report for FCMs. Overall, total Retail Forex Funds dropped $15.9 million to $641.6 million. The drop in funds is in line with early reports of retail account profitability data which has showed a …
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NFA Announces June 30 Date for New Capital Requirements of FCMs Acting as a Counterparty to Forex Transactions
11
2013
Announced in November of last year, the NFA has decided on a June 30, 2013 date for FCMs acting as counterparties to forex transactions to maintain a minimum capital requirement of $20,000,000. The rule is aimed at RFEDs that downgraded …
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The CFTC has posted financial figures for FCMs. During January, overall retail forex funds grew to $657 million from $641 million. Despite the increase in overall client funds, among retail focused firms, only Interactive Brokers and FXCM experienced a rise …
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The CFTC has posted December’s end of the month FCM financial data. Typically these reports don’t provide much of a surprise as brokers tend to be either very well capitalized or doing a good job of having just enough funds …
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Yesterday we saw the publishing of the CFTC’s Q4 account profitability report, today we take a look at net deposits from FCMs as of November 30th 2012. In the past we have compared monthly ‘Adjusted Net Capital’ and ‘Retail Forex Funds’ …
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The CFTC recently released its end of October FCM financial data. There were no big surprises, but overall FX deposits dropped 4.6% to $817 million from $858 million at the end of September. However, net capital of forex related FCM’s …
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Following on proposals from the NFA, the CFTC has announced its proposals to amend regulations to enhance protections for customers with funds at FCMs and clearing organizations. The proposals will be open for comment for the next 60 days before …
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FX trade volumes witnessed a dismal summer with the largest players such as EBS and Reuter’s experiencing trade downfalls of 49% and 30% respectively. FCM figures for August show Retail Assets have increased from a month earlier thus giving positive …
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