US Forex Industry Size Increased in July, Led by Retired Interactive Brokers
Posted: Tue Sep 06, 2016 9:31 pm
The foreign exchange trading industry has increased its size in July after marking a decline in June. As Finance Magnates has reported last month, the size of the industry has decreased about 2 percent according to Futures Commissions Merchants (FCMs) data published by the U.S. Commodity Futures Trading Commission (CFTC).
The chief U.S. brokerage regulator has been collecting data about the amounts of deposits held by clients of foreign exchange trading services on a monthly basis. The latest batch of data shows that the industry managed to claw back some of its losses which were marked at the ... (read more)