Breaking: US Retail Forex Industry Weathers FXCM Storm, Deposits Flat MoM
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Breaking: US Retail Forex Industry Weathers FXCM Storm, Deposits Flat MoM
The Commodity Futures Trading Commission (CFTC) has released its monthly composite of key figures and data for Futures Commission Merchants (FCMs), this time for the month ending in February 2017.
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The statistics show a variety of findings, notably after the US biggest Forex broker, FXCM, has been shut down by regulators, and permanently banned from future membership, including the firm itself and several officers, including its founder Drew Niv.
According to the CFTC dataset, three of the four FX firms listed notched increases in ... (read more)
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