Retail traders
In Brief, September 13, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
Retail brokers win US leverage battle
The US Commodity Futures Trading Commission (CFTC) buckled to pressure from retail traders by abandoning a proposal to reduce leverage to 10:1 from 100:1, in new rules published last night (August 30).
Alpari US live with Morgan Stanley FXPB
Retail trading company Alpari US has dropped Newedge in favour of Morgan Stanley as its foreign exchange prime broker, as part of plans to reduce trade sizes and auto-hedge its retail flows.
In Brief, August 9, 2010
Read this week's In Brief to stock up on the latest technology news around the FX world.
CFTC rules increase credit risk
NEW YORK - Proposed rules to limit leverage on margin FX trading accounts at retail forex brokers will have the unintended consequence of increasing counterparty risk, according to Josh Levy, managing director at Tactical Asset Management.
RBC: Japanese limits on margin trading will weigh on Aussie/yen cross in August
Japanese plans to limit leverage on margin trading to a maximum of 50 times collateral in August could affect Australian dollar/yen cross rates.