Yes, Pirrong knows his stuff, what would be the purpose of controlling OTC if 90% moves offshore? This is their game plan, first close the loophole, get clear control of OTC then shut the offshore scape valve. The Federales Mountain Police tested ...

Could 10:1 be the new leverage in US Forex?

if your broker is closed, I do not think that the trade goes thru if your SL is hit before they open, if you are OK when it opens the trade is open, at least that is the way mine handles it.

EURUSD

Greece is struggling to persuade financial markets it can restrain the European Union’s largest budget shortfall without outside assistance, while borrowing costs are also rising for Portugal and Spain. Credit-default swaps on the debt of all three ...

EURUSD

Well I hope you are right, but if our hero Gensler has his way, it would only serve the 10% of traders that don't go offshore... By the way, here are some interesting tidbits on our hero... "As the Treasury Department’s undersecretary for domestic ...

Could 10:1 be the new leverage in US Forex?

Well I am not so sure that an educational campaign by a regulator, or any educational campaign that its shoved down your throat, would have impact on your trading results, that's what demos are for, but if it makes you feel good, by all means ...

Could 10:1 be the new leverage in US Forex?

I believe that this is to please political masters and nothing else. "indeed, I strongly suspect that Gensler had to promise that he would act on energy position limits to get the job in the face of skepticism from Bernie Sanders and some others in ...

Could 10:1 be the new leverage in US Forex?

Great, I will email there too! This is the email that I sent: ----------------------------------------------------------- Great article on CFTC and OTC regulation you wrote. Have question, what is your feeling about the CFTC being abled to be ...

Could 10:1 be the new leverage in US Forex?

Great idea...I emailed him too on the pork of the farm bill. He ends the article with "In brief: Laws, sausages–and CFTC proposals." I believe the sausages is reference to the pork on the farm bill. I asked him a question on his thoughts on "....a ...

Could 10:1 be the new leverage in US Forex?

[/i] Class action is the only way...The patsies have already said that they want to be regulated...read the posting by Jason on their statement, url Also, the patsies don't have enough courage to protest themselves, they pass the protest to ...

Could 10:1 be the new leverage in US Forex?

Anybody know anything about this baliout rumore or is just Bloomberg speculation? url

EURUSD

way too oversold...buy

EURUSD

The exodus will began soon...fxcm already posted the easy transfer to uk form, you only need to input acct number, name and email address and it is seamlessly transferred url Done!. I would not want to be one of the last ones out of US entity. Who ...

Could 10:1 be the new leverage in US Forex?

I see. I guess I was confused by the way FXCM states in their website that the stardard account and Micro accounts differ in the way the execution is handled " *The above educational video(s) are for FXCM Micro, FXCM Mini and Standard accounts. ...

Could 10:1 be the new leverage in US Forex?

Ok, so then what is the purpose of the rule?... b/c if it is to protect retail traders then the margin on these e-micros should also be 10 to 1 intraday, overnight and from here until the cows come marching home.

Could 10:1 be the new leverage in US Forex?

OK, let's say your math is right, as I don't want to look up the figures. Then what is the purpose of the rule???...Think about this.. Just about 2 years ago it used to be that CME only had standard contracts of 125,000 euros as in EURUSD...then ...

Could 10:1 be the new leverage in US Forex?

Amen!!!!

Could 10:1 be the new leverage in US Forex?

OK, Jason thanks...I have a question, FXCM, except FXCM Micro, is supposed to be a no dealing desk broker, just passing thru the quotes and just adding the spread...therefore it is not a counterparty...and the Farm Bill...states something similar ...

Could 10:1 be the new leverage in US Forex?

Well in order to make that statement you need to know the volume of trades of US customers trading spot. So, do you have that figure?

Could 10:1 be the new leverage in US Forex?

Well the FXDC is either naive or a kissing arse pushover...the purpose of the 10 to 1 proposed rule is not to weed out fraud...the purpose is to help to bring liquidity to forex futures, which the CFTC favors, and to destroy spot fx trading, which ...

Could 10:1 be the new leverage in US Forex?

Yeah, you might be right, b/c they do it "to serve?" a customer, it might not be purely proprietary trading

Could 10:1 be the new leverage in US Forex?