26.02.2010 29.01.2018 Leveraged Funds (Hedge Funds) - These are typically hedge funds and various types of money managers, including registered commodity trading advisors (CTAs); registered commodity pool operators (CPOs) or unregistered funds identified by CFTC. The traders may be engaged in managing and conducting proprietary futures trading and trading on behalf of speculative clients. This is who we’re 29.07.2020 The Commodity Futures Trading Commission (CFTC) limits leverage available to retail forex traders in the United States to 50:1 on major currency pairs and 20:1 for all others. OANDA Asia Pacific offers maximum leverage of 50:1 on FX products and limits to leverage offered on CFDs apply. Maximum leverage for OANDA Canada clients is determined by IIROC and is subject to change. For more US Government interventions. In August 2008, the CFTC set up a special task force to deal with growing foreign exchange fraud. In January 2010, the CFTC proposed new rules limiting leverage to 10 to 1, based on "a number of improper practices" in the retail foreign exchange market, "among them solicitation fraud, a lack of transparency in the pricing and execution of transactions
22.01.2010 These are the main highlights of the CFTC Positioning Report for the week ended on October 27 th:. Speculators reduced their euro net longs positions to levels last seen in mid/late July pari In regards to leverage, there was a compromise to address the 10,000+ letters written by the public to the CFTC after they proposed a leverage reduction from 100:1 to 10:1. Leverage on major currency pairs was capped @ 50:1 while leverage on non-major pairs as capped at 20:1. In addition, Introducing Brokers (IB's) and marketers will now be required to follow the same rules as "Guaranteed IB's
Final CFTC Rules Announced - The leverage decision we were waiting for. From cftc.gov. The proposed 10 to 1 leverage restriction has been replaced with a mechanism whereby the Commission sets parameters (the release specifies a minimum 2 percent security deposit in the case of major currencies and 5 percent of the notional value of the transaction for all other currencies) and periodically reviews the appropriateness of those parameters. In a statement, CFTC Division of Enforcement Director James McDonald said the civil enforcement action shows that the Commission remains committed to enforcing the CEA. They are making sure that “entities offering leveraged, retail transactions within our jurisdiction—including those involving digital assets—register with the CFTC,” said McDonald. The Monex decision has raised questions about whether the CFTC’s jurisdiction has been dramatically expanded and if any securitization transaction will be subject to the CFTC’s jurisdiction as a leveraged commodity trade (assuming that the counterparty is a retail participant). The CFTC will likely have to clarify the impact of the Monex decision, particularly in light of the August 14, 2019, Consent Order that the CFTC entered with two large food and beverage companies (the Companies). Forex futures positioning for the week ending October 20, 2020: The GBP shorts were wise to get out of the way ahead of Wednesday's news on restarting negotiations. The nearly-flat positioning now
Final CFTC Rules Announced - The leverage decision we were waiting for. From cftc.gov. The proposed 10 to 1 leverage restriction has been replaced with a mechanism whereby the Commission sets parameters (the release specifies a minimum 2 percent security deposit in the case of major currencies and 5 percent of the notional value of the transaction for all other currencies) and periodically reviews the appropriateness of those parameters. Sep 03, 2019 · The Monex decision has raised questions about whether the CFTC’s jurisdiction has been dramatically expanded and if any securitization transaction will be subject to the CFTC’s jurisdiction as a leveraged commodity trade (assuming that the counterparty is a retail participant). The CFTC will likely have to clarify the impact of the Monex decision, particularly in light of the August 14, 2019, Consent Order that the CFTC entered with two large food and beverage companies (the Companies). Nov 06, 2020 · Forex futures positioning for the week ending November 3, 2020. - EUR long 140K vs 156K long last week. Longs trimmed by 15K - GBP short 11K vs 7K short last week. Shorts increased by 4K Leverage in retail forex customer accounts will be subject to a security deposit requirement to be set by the National Futures Association within limits provided by the Commission. All retail forex counterparties and intermediaries are required to distribute forex-specific risk disclosure statements to customers and comply with comprehensive recordkeeping and reporting requirements.
The CFTC’s new leverage rule calling for a minimum 2 percent deposit on trading major forex currencies off exchange (50:1 leverage) seems on par with what commercial banks like Citi FX Pro offer By: Paul Murphy On Monday, the CFTC will issue its decision on leverage caps in the forex punting business. It’s a make or break moment for all those firms that offer margin trading to those