Yesterday, the U.S Commodity Futures Trading Commission (CFTC) released financial data for Futures Commission Merchants (FCM) for the month of April.
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.
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