CFTC releases August 2011 financial data - total US forex deposits up $19 million

Every month or so CFTC releases financial data for its members. In the past year or so CFTC also releases the total amount of retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term obligations for retail forex brokers (under FCMRFD and RFED statuses) which shows us how much 'retail money' is held by US forex brokers.

Although in the past few months total amount wasn't growing it did grew quite a lot between July and August 2011 - in fact it rose by almost $20 million.

Biggest gain was by FXCM which grew by over $11 million, far behind are OANDA with $5 million and surprisingly ILQ with $4 million.

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