AMP Futures has officially announced the launch of the MetaTrader 5 platform for trading futures AMP Futures is a US regulated Chicago-based Futures Commission Merchant (FCM) providing access to the global electronic futures markets for individual traders, as well as US and foreign Introducing Brokerages from 150+ countries around the world. AMP Futures offers over…
Read moreCFTC data from US retail forex brokers is out for July showing a slight increase overall of 0.94%. Moreover, this report should be the last report before Interactive Brokers is removed from the retail FCM list. Like promising new entrant to the U.S. FX trading market Phillips Capital, whose NFA/CFTC Retail FX license became null after…
Read moreWedbush Futures is pleased to announce that it has surpassed $1 billion in customer segregated funds. This accomplishment makes Wedbush Securities Inc. the seventh largest non-bank FCM and twenty-sixth largest overall FCM based on customer segregated funds. As an FCM new to the business, the achievement of reaching this significant milestone demonstrates the level of…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Cunningham Commodities, LLC (Cunningham), a registered Futures Commission Merchant (FCM) based in Chicago, Illinois. The Order finds that Cunningham violated CFTC’s Regulations that: 1) require an FCM to immediately report to the CFTC any deficiency in its customer…
Read moreChicago-based online broker OptionsHouse, part of Aperture Group, was granted registration as Futures Commission Merchant (FCM) on April 13, 2016. The updated status of the company can be viewed on the Broker/Firm Information (Basic) page maintained by the US National Futures Association. The FCM registration is granted about a month after OptionsHouse officially announced its…
Read moreChicago-based online broker OptionsHouse, part of Aperture Group, announced today that it will launch a non-clearing futures commission merchant (FCM). The launch, subject to regulatory approval, is scheduled for the second quarter of 2016. Futures trading is currently available at OptionsHouse, but by establishing its own FCM, the company seeks to further bolster the futures…
Read moreThe U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved proposed rules that concern automated trading on U.S. designated contract markets (DCMs). The proposed rules, known as Regulation Automated Trading (Regulation AT), represent a series of risk controls, transparency measures, and additional safeguards, aimed to bolster the U.S. regulatory regime for automated trading. The new…
Read moreNo positive gains from any brokers in August's just released USA FCM report. Did traders withdrawal their money or suffer losses on their accounts reducing deposits?
Read moreUS Retail Forex brokers saw client assets on deposit increase in July, the increased volatility in FX markets during summer trading sure played a role in the increased assets on record. This is a positive sign for USA based FCMs on the just-released data from the CFTC after a few months of steady decline. Overall, Retail FX…
Read moreThe CFTC Order requires FXCM to pay a civil monetary penalty of $700,000; disgorge commissions and fees of $143,922.50 it earned from fraudulent FX investment pool...
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