Just got this E-mail from GFT.
Lower Leverage Requirements
Dear Valued Customer, We've recently learned of new leverage requirements set forth by the NFA that will change the leverage amounts available to customers.
As of November 30, 2009, all major currency pairs will have a maximum leverage of 100:1 and exotic currency pairs will have a maximum leverage of 25:1. Major pairs include any pair with two of the following currencies:
US dollar (USD)
British pound (GBP)
Swiss franc (CHF)
Canadian dollar (CAD)
Japanese yen (JPY)
Euro (EUR)
Australian dollar (AUD)
New Zealand dollar (NZD)
Swedish krona (SEK)
Norwegian krone (NOK)
Danish krone (DKK)
All other pairs are considered exotic.
Lower Leverage Requirements
Dear Valued Customer, We've recently learned of new leverage requirements set forth by the NFA that will change the leverage amounts available to customers.
As of November 30, 2009, all major currency pairs will have a maximum leverage of 100:1 and exotic currency pairs will have a maximum leverage of 25:1. Major pairs include any pair with two of the following currencies:
US dollar (USD)
British pound (GBP)
Swiss franc (CHF)
Canadian dollar (CAD)
Japanese yen (JPY)
Euro (EUR)
Australian dollar (AUD)
New Zealand dollar (NZD)
Swedish krona (SEK)
Norwegian krone (NOK)
Danish krone (DKK)
All other pairs are considered exotic.