Tag: FCM

May 03, 2017 BY Valentina Kirilova

Chicago based AMP Futures launches MT5 platform

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…

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September 07, 2016 BY Mike Fox

US Retail Forex assets up slightly in July as industry down to 5

CFTC 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…

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July 28, 2016 BY Mike Fox

Wedbush Futures surpasses $1 billion in customer segregated funds, now 7th largest non-bank FCM

Wedbush 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…

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May 10, 2016 BY Mike Fox

CFTC settles and files charges against Chicago FCM for segregated accounts, filing omissions

The 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…

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April 14, 2016 BY Maria Nikolova

OptionsHouse gets registered as Futures Commission Merchant

Chicago-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…

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March 16, 2016 BY Maria Nikolova

OptionsHouse set to launch Futures Commission Merchant

Chicago-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…

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November 24, 2015 BY Maria Nikolova

CFTC approves proposal for tighter risk controls for automated trading

The 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…

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