Another draconian move by the NFA was to forbid price adjustments by brokers unless they are in the traders’ favor. On its surface it sounds like the right move, but those who understand the STP mechanism a bit (I guess NFA is not one of them) will immediately say – this is BS! STP brokers are fully dependent on their liquidity providers, and when the latter fail to deliver the right price brokers are left stranded. While some brokers will use it in their favor, others won't.

Tuesday, 05/05/2009 | 07:50 GMT by Michael Greenberg

Brokers

Open letter to the NFA asking for clarifications regarding the latest regulatory requirements (will appreciate your comment):

Sunday, 03/05/2009 | 14:03 GMT by Michael Greenberg

Brokers

Dubai and Middle East - the new Forex hub?

FXCM opens a branch in Dubai and 30% of ACM's volume accounts for Middle Eastern customers, together with the stringent NFA requirements - will this signal a major industry trend?

Sunday, 03/05/2009 | 12:48 GMT by Michael Greenberg

Brokers

NFA’s new regulation demands – A blow against traders, brokers or both? Part 1 (Anti-Hedging)

Friday, 01/05/2009 | 07:49 GMT by Michael Greenberg

Brokers

David Smith: same person involved with two Forex companies gone bad

Friday, 01/05/2009 | 07:15 GMT by Michael Greenberg

Brokers

Who are the participants (players) in the Forex Market?

Thursday, 30/04/2009 | 11:58 GMT by Michael Greenberg

Analysis

Announcing the creation of Forex Magnates blog, Linkedin Group and Twitter

Social ForexMagnates

Sunday, 26/04/2009 | 12:58 GMT by Michael Greenberg

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