A Reduction in Leverage As of November 30, 2009, the NFA will implement amendments to the Financial Requirements Sections 11 and 12. The new amendments will require Forex Dealer Members ("FDMs") to collect a security deposit of 1% (100:1) of the notional value for specified currencies and 4% (25:1) of the notional value for all other currencies. The intended purpose of this new regulation is to protect over-leveraged traders and brokers alike.
Effective November 30, 2009, the NFA will implement a reduction in allowable leverage.
The NFA’s new regulation will limit leverage to 100:1 on the ten major currencies and 25:1 on all others. As a result, it is possible that open positions with insufficient funds to satisfy the new leverage requirements set forth by the NFA may receive a margin call and all open positions will be automatically closed at prevailing market rates.
Unlike most of our competitors, FX Solutions’ GTS platform calculates margin in real-time based on the currency pair traded. Margin required to sustain open positions is continuously affected by changes in the market rate.
Once the equity in your GTS trading account falls below the margin required to maintain all existing positions, ALL POSITIONS ARE LIQUIDATED at the prevailing market rates. Please review our Margin Policy for more information.
Effective November 30, 2009, the NFA will implement a reduction in allowable leverage.
The NFA’s new regulation will limit leverage to 100:1 on the ten major currencies and 25:1 on all others. As a result, it is possible that open positions with insufficient funds to satisfy the new leverage requirements set forth by the NFA may receive a margin call and all open positions will be automatically closed at prevailing market rates.
Unlike most of our competitors, FX Solutions’ GTS platform calculates margin in real-time based on the currency pair traded. Margin required to sustain open positions is continuously affected by changes in the market rate.
Once the equity in your GTS trading account falls below the margin required to maintain all existing positions, ALL POSITIONS ARE LIQUIDATED at the prevailing market rates. Please review our Margin Policy for more information.
[
not that exciting....
