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Author Topic: No Hedging Starting May 09  (Read 656 times)

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HC

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No Hedging Starting May 09
« 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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