Breaking: US Retail Forex Funds Grow in February Amid One Off Adjustment

[kreslik.news]

The obligations of retail foreign exchange dealers to their clients have increased by 4 per cent in February amid a one off adjustment to the client funds holdings at Canadian brokerage Wedbush securities. The company’s obligations to clients has increased by almost 8 times to over $40 million.

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Looking at the state of the market overall this adjustment contributed to a broad gain of 4 per cent in the total figures for the industry, despite the fact that every single ... (read more)