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February 06, 2012, 02:09:17 AM
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No Hedging Starting May 09
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HC
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No Hedging Starting May 09
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on:
April 14, 2009, 11:12:57 AM »
New NFA regulations will make it impossible to hedge the same account starting in May, here's a copy of the proposal, go to page 6. under Compliance Rule 2-43(b) Offsetting transactions
http://www.nfa.futures.org/news/PDF/CFTC/CR2_43_ForexPriceAdj_112408.pdf
nfa notification link
http://www.nfa.futures.org/news/newsNotice.asp?ArticleID=2273
So what does that have to do with us traders?
Well, if you broker is regulated by NFA, and your trading style or EA requires hedging, than it is time to start looking at other non NFA regulated brokers, or move out from US broker all together.
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