Tag: FCMs

July 09, 2017 BY admin

US Retail Forex client assets for May sees increase to $534 million

U.S. Retail Forex Broker client assets held showed a MoM uptick from reporting data filed with the CFTC as of May 31st. The report revealed a 1.74% increase in assets held by FCMs from April's $524,757,888 to $533,886,026 for May 2017. This is also $10 million more in assets from March’s $523,750,637. If the trend…

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December 06, 2016 BY admin

Wedbush Securities appoints Bob Fitzsimmons Managing Director of FCMs

Wedbush Securities announced today the appointment of Bob Fitzsimmons as a Managing Director. In this capacity, Bob will oversee the business operations within the Futures Commission Merchant (FCM) division, with a focus on developing and defining the strategic direction for the Futures and Treasury division. Bob is based in the Chicago office and reports to…

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August 09, 2016 BY Mike Fox

CFTC announces enhancements to protect customer funds

The U.S. Commodity Futures Trading Commission (CFTC) today announced three separate measures that are designed to enhance the protection of customer funds. The CFTC approved an order to exempt Federal Reserve Banks that maintain customer accounts for derivatives clearing organizations (DCOs) from liability under the Commodity Exchange Act (CEA). In addition, the CFTC’s Divisions of…

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February 11, 2016 BY Mike Fox

U.S. retail Forex brokers drop 4.7% in assets MoM for December 2015

This month data from the CFTC from reports filed by January 28th, 2015 reveal that Forex brokers within the United States for December 2015 dropped 4.7% in assets to $544,087,054 from November’s $570,939,506 total (see graph above). December usually sees a drop due to end of year withdrawals and not to mention the very volatile market which could have seen…

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November 11, 2015 BY Mike Fox

U.S. Retail Forex broker assets show rise of 2.3% MoM for September

United States Retail Forex brokers saw client assets on deposit increase in September from August, the increased volatility in August carried into September, especially after the August 24th “Black Monday." A combined $568,306,993 million was reported for September up from the $533,041,270 million of assets on record for August, an increase of 2.76%. The biggest single decline of the "Big…

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April 08, 2014 BY Gerald Segal

CFTC Staff Issues an Extension of Time-Limited No-Action Relief to FCMs

The extension of no-action relief will expire on June 30, 2014 In an official news release, the U.S. Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued an extension of time-limited no-action relief to FCMs. On November 14, 2013, the Commission adopted amendments to Commission Regulations 1.20, 22.2, and…

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