Hi everyone
Yesterday, the U.S Commodity Futures Trading Commission (CFTC) released financial data for Futures Commission Merchants (FCM) for the month of April.
http://www.cftc.gov/marketreports/financialdataforfcms/index.htm
As you all already know, pursuant The CFTC Reauthorization Act of 2008 (Reauthorization Act), U.S. FDMs adjusted net capital will be increased to $20 million on May 16, 2009.
Below $20 million net capital Easy Forex US $15,549,565 Ikon Global Markets $16,355,818 MB Trading $17,100,859 Advanced Markets $19,796,273
Above $20 million net capital Alpari US $20,975,556 Forex Club $21,795,577 CMS Forex $29,6678 InterbankFX $36,507,727 PFG $36,843,820 FX Solutions $41,546,274 FXCM $60,472,142* GFT Forex $80,693,021 Gain Capital $90,801,214 Oanda $159,739,419
FXCM* reduced net adjusted capital from $113,463,235 in March to $60,472,142. I guess this considerably decrease in net capital obeys to FXCM's recent buys, but I'm going to ask them.
Francesc