So, we know NFA has been changing rules. Retail traders are complaining, moving away from U.S based brokers. But, is the change really bad? Well, firstly, I am not trying to defence NFA. I am just thinking, should I really look for another European based, or Australian based broker? I am not sure. The change […]
NFA
NFA new margin requirements
This is not a breaking news, just a reminder to my readers since THE change is coming in around a month time. Official date given by NFA is 30th November 2009. CFTC approved NFA amendments to Section 12 of NFA rule book, which requires FDMs to collect a margin deposit of 1% of the notional […]