CFTC February Data Shows Mixed Results in Retail Forex Obligations

The six remaining forex dealer members report varying changes from January.

According to the latest data for Futures Commission Merchants (FCMs) in the U.S., according to information collected by the Commodity Futures Trading Commission (CFTC), the amount of retail forex obligations held by Forex Dealer Member (FDMs) totaled $518,945,514 during the month of February (as of the last day of the month), higher by $19,606,430 or 3.92% from $499,339,084 reported for January.

FXCM unchanged, OANDA down

From the totals, retail forex obligations held by Forex Capital Markets LLC barely changed for February at $176,554,674 when compared to  $176,516,399 in January, a tiny fraction of a difference compared to the overall number, despite it actually rising – albeit barely. Oanda Corporation’s retail forex obligations held at the end of February decreased to $94,818,495, compared to $97,133,939 in January.

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Gain, Interactive Brokers, and IBFX lower

IBFX Inc. which had recently had some of its business lines acquired – reported $43,118,441 in February, down from the $48,979,331 reported for January. Interactive Brokers LLC held $35,129,896 in retail forex obligations during February, lower than the $37,130,215 reported in January according to the CFTC compiled totals. Gain Capital Group LLC reported $128,725,139 in retail forex obligations for the month of February, a moderate decline from the $135,259,767 reported for January 2015.

Wedbush sees huge increase

The largest increase for the amount of retail forex obligations held was that of Wedbush Securities Inc. during February, as the CFTC report listed $40,598,869 held during February and higher from$4,319,433 for from January. [Corrected post-publication to reverse month amonts]. This large change coincided with an increase of just over $100 million in customer segregated assets held during the period, to over $760 million in January from roughly $658 million in January, according to the data. Overall, the number of FDMs has declined to six, after the last two were delisted as per the report covered by Finance Magnates.


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