Quote:
Originally Posted by geekguy  One thing I believe everyone should consider here is that they are being specific about "off-exchange" transactions. I believe there are central exchanges that can process your orders, so if the brokers were to send your transactions up to the exchange, they could bypass this rule. Maybe the forex brokers could create a central exchange? |
the centralization(regulation as in US and EU futures) would be a total bomb (very good thing) provided keeping the 100:1 leverage of course.
Dont know where is CFTC going with this, limit even more small trader, not allow people to profit big, one can control loss if u cant u shouldnt trade. its like that $25000 day trading minimum for US stocks. Hey why not 2:1 leverage and $500000 minimum for fx spot daytrading huh? f$%^ as%^^les
