New rules regarding Forex orders

This is a discussion on New rules regarding Forex orders within the Forex forums, part of the Markets category; National Futures Association | News Center firts rule will be effective after 15 may , second rule will be effective ...

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Old Apr 13, 2009, 6:57pm   #1
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New rules regarding Forex orders

National Futures Association | News Center

firts rule will be effective after 15 may , second rule will be effective after 12 june ....
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Old Apr 13, 2009, 11:42pm   #2
 
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Looks like US-only bureaucracy - although I'd be interested to know who the National Futures Association are and what they do, and why do they have jurisdiction over forex orders, and whose orders are they talking about anyway?
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Old Apr 14, 2009, 4:03am   #3
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tar started this thread this is for retail forex in the US
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Old Apr 14, 2009, 1:03pm   #4
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I personally am quite happy to see the rule against "hedging" go into effect. It was never anything but a way for brokers to take more spread and/or commissions from their customers.
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Old Apr 14, 2009, 1:27pm   #5
 
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But what is everyonerich supposed to do now!?!?!?
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Old Apr 14, 2009, 1:39pm   #6
 
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his conkers!
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Old Apr 19, 2009, 8:10am   #7
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Quote:
Originally Posted by tar View Post
this is for retail forex in the US
So are you still allowed to hedge in brokers like Alpari and FXPro? And in SB companies like Captial Spreads and Futures Bettings?
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Old Apr 19, 2009, 9:03am   #8
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So are you still allowed to hedge in brokers like Alpari and FXPro? And in SB companies like Captial Spreads and Futures Bettings?
Yes if they offer this facility , for example CapitalSpreads doesnt allow headging , any opposite order will offset any previous order .
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Old Apr 19, 2009, 9:06am   #9
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But what is everyonerich supposed to do now!?!?!?
im doing fine. thx
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