Important Facts, Value Forex Dealer
Covering the above-mentioned positions with an companion effectively reduces the Member's fund demand by rising the amount the Forex Dealer Member has accessible to meet that requirement. As called overhead, however, this cover deal ends little protection whether the fellow is thinly capitalized as well as unable to meet its obligations to the Forex Dealer Member.
A. EXPLANATION OF INTERPRETIVE NOTICE REGARDING FOREX TRANSACTIONS WITH FOREX DEALER MEMBERS NFA's training with the Forex requirements supples that discovering mark - ups as well as mark - downs, as needed in the current rules, is of limited rate to customers and can even be misleading.