New rules regarding Forex orders

[tar]

National Futures Association | News Center

firts rule will be effective after 15 may , second rule will be effective after 12 june ....

 

[Adamus]

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?

 

[tar]

this is for retail forex in the US

 

[Rhody Trader]

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.

 

[arabianights]

But what is everyonerich supposed to do now!?!?!?

 

[foredog]

his conkers!

 

[GCC]

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?

 

[tar]

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 .

 

[everyonerich]

But what is everyonerich supposed to do now!?!?!?

im doing fine. thx