Brokers' finances comparison for May-June 2009

Wednesday, 05/08/2009 | 05:57 GMT by Michael Greenberg
Brokers' finances comparison for May-June 2009
win_lose_dice

Each month the CFTC issues a report with the financial data for Futures Commission Merchants (FCM). Each month I'm tracking the change in net capital of the reporting brokers, as well as who the surviving brokers are.

Last month most of the brokers gained (probably due to the increase in net capital requirements). This month FX Solutions Leads with the biggest increase in net capital while PFG and CMS experienced the biggest decrease.

fcmdata_05_06_2009

Important to note is that the results reflect US subsidiaries capital only. In case of brokers with multiple subsidiaries like FXCM and Alpari the numbers are significantly higher.

FXDD is not on the list because it still awaits the regulatory approval (and we know how effective the NFA is...).

win_lose_dice

Each month the CFTC issues a report with the financial data for Futures Commission Merchants (FCM). Each month I'm tracking the change in net capital of the reporting brokers, as well as who the surviving brokers are.

Last month most of the brokers gained (probably due to the increase in net capital requirements). This month FX Solutions Leads with the biggest increase in net capital while PFG and CMS experienced the biggest decrease.

fcmdata_05_06_2009

Important to note is that the results reflect US subsidiaries capital only. In case of brokers with multiple subsidiaries like FXCM and Alpari the numbers are significantly higher.

FXDD is not on the list because it still awaits the regulatory approval (and we know how effective the NFA is...).

About the Author: Michael Greenberg
Michael Greenberg
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About the Author: Michael Greenberg
  • 1439 Articles
  • 66 Followers

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