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: http://www.cftc.gov/marketreports/financialdataforfcms/index.htm Advanced Markets $20,722,000 Easy ...

IBFX Plays Chicken with FIFO Deadline — On July 31 the NFA’s FIFO order comes into effect. As of this moment the MT4 trading platform is not compliant with this rule and there is no guarantee that it will become compliant come the July ...

ODL left the U.S. Market. They are based in UK.

Forex Dealer Dead Pool Alumnus Busted for Fraud — Former SNC Investment CEO Peter Son has been hauled into court by federal regulators a year after he disappeared during an NFA investigation into missing funds covered on this thread back in ...

April Net Capital Report — The CFTC has just released their latest net capital figures. These appear to be the finalists who have survived the net capital guillotine: http://www.cftc.gov/marketreports/financialdataforfcms/index.htm The ...

this should show up in the next cftc report

Top Forex Dealers by Volume — Michael Greenberg at Forex Magnates has released an interesting new survey on forex broker trading volumes (in the billions). http://forexmagnates.com/top-forex-brokers-report-over-105b-in-daily-traded-volume/ ...

What do Chrysler and Crown Forex have in Common? — They are both stuck in bankruptcy with creditors (and traders) waiting in a line that stretches around the block. Let that be a lesson to anyone who owns shares in General Motors or has an ...

FXDD Not Fighting, Just "Talking" with NFA — Interesting post from Francesc at FX Street regarding FXDD’s decision not to implement the NFA’s new hedging rule. Jim Green, Managing Director at FXDD, wrote in to say that FXDD “was not ...

Rational? FXDD is trying to get a license from the NFA. How do they get that license if they are busy kicking them in the teeth at the same time?

FXDD's Ominous Anniversary — FXDD is making waves these days by refusing to adopt the NFA’s new hedging rule: url How can they do this? Simple. FXDD still isn’t licensed by the NFA. ...

March Net Capital Report — The CFTC has just released their latest net capital figures. With I Trade FX and GFS Forex departing the U.S. market that leaves only a little more than a dozen firms left standing. url The following firms have net ...

GFS Shutting Down U.S. Forex Operation — The stampede of small brokers out of the U.S. market continues. GFS Forex and Futures has announced they are shutting down their U.S. forex operation. GFS has purchased City Credit Capital in the U.K. ...

NFA Delays Ban on Stops/Limits — NFA Delays Ban on Stops/Limits Francesc at FX Street is hearing that the NFA’s rule banning the use of stops/limits as part of the NFA’s new FIFO edict will not be enforced until July 31st: url Never a dull ...

My guess is an Easy Forex or an Alpari will pack up and leave. They have offices in other places. Why stick around and deal with all these burdensome new regulations in addition to these hefty capital requirements?

FXCM Buys I Trade FX — Looks like I Trade FX is throwing in the towel. With the NFA fining them $250,000 over the Olint affair and the $20 million capital requirement set to kick in I Trade FX is officially calling it quits: ...

The prime beneficiary of these new rules will be European based brokers. No question. It doesn't appear the NFA considered this at all.

Smittens your logic is correct. However, a lot of traders use automated software that only recognizes individual orders (individual tickets). In short, the trading software for both dealers and system traders often revolves around the ticket system. ...

So Long Stop & Limit Orders? — The new hedging rule, which is set to kick in on May 15, (the June 12 date is when grandfathered orders must be closed as well), is even more complicated than first thought. First, Back Bay FX, an introducing ...

Is there more to the Hedging Rule than meets the Eye? — Lots of news to cover with I Trade FX being fined, Crown Forex in a knock down drag out fight with clueless Swiss regulators and the next cap requirement set to kick in. More on these ...