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Advanced Markets, Easy Forex, Ikon Royal & MB Trading jump above $20 mio minimum net capital

Posted on July 14, 2009 at 12:09 in EU Economy, Forex, NFA new requirements, Winds of change in Switzerland by Francesc

Hi everyone

Yesterday, the U.S Commodity Futures Trading Commission (CFTC) released financial data for Futures Commission Merchants (FCM) for the month of May 2009.

http://www.cftc.gov/marketreports/financialdataforfcms/index.htm

Easy Forex US, Ikon Global Markets, MB Trading and Advanced Markets jumped above minimum required capital of $20 mio in May, so now the list of companies above required capital is as follows:

Above $20 million net capital
Advanced Markets $20,722,551 (previously $19,796,273)
Easy Forex US $20,928,968 (previously $15,549,565)
Ikon Global Markets $21,247,886 (previously $16,355,818)
MB Trading $21,360,551 (previously $17,100,859)
Alpari US $22,312,195 (previously $20,975,556)
Forex Club Financial Company $25,427,601 (previously $21,795,577)
Capital Market Services LLC - CMS Forex $29,788,506 (previously $29,6678)
Peregrine Financial Group Inc - PFG $36,465,727 (previously $36,843,820)
InterbankFX $35,611,164 (previously $36,507,727)
FX Solutions $48,262,204 (previously $41,546,274)
Forex Capital Markets LLC - FXCM $63,999,806 (previously $60,472,142)
Global Futures & Forex Ltd - GFT Forex $79,368,858 (previously $80,693,021)
Gain Capital Group LLC $98,125,651 (previously $90,801,214)
Oanda Corporation $159,062,073 (previously $159,739,419)

Francesc

Tags: adjusted net capital, CFTC

2 Responses to “Advanced Markets, Easy Forex, Ikon Royal & MB Trading jump above $20 mio minimum net capital”

  1. on 14 Jul 2009 at 2:21 pm1herman

    why ibfx down $896,563 ?
    any information ?

  2. on 17 Jul 2009 at 11:20 am2Francesc Riverola

    Hi Herman

    I just got today InterbankFX response about your question

    Here you have:

    “The U.S Commodity Futures Trading Commission (CFTC) released financial data for Futures Commission Merchants (FCM) for the month of May, 2009, and some have inquired why IBFX is down. To clarify, the drop is due to quarterly tax distributions and a several million dollar data center installation in New Jersey among other IT related investments.”

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