Recent content by SpecTrade

For Immediate Release For More Information Contact: Larry Dyekman (312) 781-1372, [email protected] Karen Wuertz (312) 781-1335, [email protected] NFA levies $2,000,000 monetary sanction against FXCM and orders refunds to customers August 12, Chicago - National Futures...

More interesting suggested changes: ---------------------------- February 23, 2009 Via Federal Express Mr. David A. Stawick Office of the Secretariat Commodity Futures Trading Commission Three Lafayette Centre 1155 21st Street, N.W. Washington, DC 20581 Re: National Futures Association: Forex...

NFA takes an emergency enforcement action against GlobeFX Club, Inc. March 24, Chicago - National Futures Association (NFA) announced today that it has taken an emergency enforcement action against GlobeFX Club, Inc. (GlobeFX Club), a Commodity Pool Operator located in Homestead, Florida...

NFA Notice to Members I-09-07 February 26, 2009 Effective Date of NFA Forex Requirements NFA has received notice that the Commodity Futures Trading Commission has approved amendments to existing NFA forex requirements as well as a new compliance rule regarding forex customer...

(Free trial to FXWeek) Originally Appeared in FXWeek: "FXCM embroiled in CFTC dispute February 16th 2009 WASHINGTON, DC - Retail foreign exchange giant FXCM has challenged the authority of the US Commodities Futures Trading Commission (CFTC) to resolve a complaint brought against the company...

Yup. SFBC closed quite a few ones in Switzerland. I was with Neuimex at that time. I got my money back, though. Merry Christmas and Happy New Year to Everybody!

That is very, very, very, very...interesting. I would never thought they gonna make such rules. I'm glad its happening, still, if a trader decides to hedge instead of executing SL, he should be allowed. But overall, better this that completely unregulated hooligan-brokers, like it used to be.

What I meant: Assuming I want a broker which has a segregated accounts and I want to find out what that "segregation" gives me. OK, let's say I ask straight-out: "in case you guys go out of business, is my money protected anyhow?". Now, I would probably get some slippery answers. What to expect...

Umm...that something I have to chew on. I'm not sure I'm following you. Clients of Refco had no risk? How? I guess it all leads to this: What questions should one ask from a broker before trading, (making them simple, so that they know exactly what we're talking about and we get straight...

That's why I was surprised to see some amount of PFG website. From what I read from you, it must be due to a fact that they also deal with futures, etc. So... no matter what, in forex we're screwed. But then, with let's say a futures' broker, we still have no guarantee of our money back in...

Hi CFDplayer, Thank you so much for your reply. Well, I must say that initially I was quite happy to see PFG listed as one with "Segregated Accounts". Thanks to you I see how it works now. So basically, any broker, be it forex, futures or whatever - if the go belly up, our money would not be...

Cftc Update Just got it in last weekend: " Net Capital Requirements for Forex Dealer Members On October 22, 2008, the Commodity Futures Trading Commission approved increases to NFA's capital requirements for Forex Dealer Members (FDMs). As stated in a July 23, 2008 Notice to Members, the...

Segregated accounts at PFG? Hello, Finally my first post here. I've been trading for almost 4 years, and as I'm getting more successful I'm also paying a lot of consideration to choose the right brokers. Presently I'm with Oanda, had been with FXSolutions, tried FXCM (they're big, all-right...