New NFA rules come into effect
We want to inform all our clients, that after July 31 2009 new NFA rules are coming into effect. And the main attention is to be paid to first in - first out (FIFO) rule. FIFO requires that when multiple positions are held in the same currency pair, the position opened first will be the first to be closed. This will prevent stop-loss and limit orders from being placed on individual orders and positions. All USA-based brokers are to follow that rule. At the same time that new rules won't effect our service at all, because we DON'T want to ruin the work of our traders. Those clients, who use American brokers are persuaded to change them for non-American ones (not effected by new NFA rules).
July 31, 2009Latest News
July 31, 2009 New NFA rules come into effect
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