Quote:
Originally posted by Cable
PittsburghFX, apologies for this offtopic question but, as someone who seems to be very much on the inside with FXCM, do you have any idea why their Adjusted Net Capital (see CFTC financial data for FCMs) has gone from $US 30 million down to $US 6 million in a matter of 3 months ?
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That is almost not possible. We signed up accounts in the thousands per month. They have the best platform, it was even voted best by FX weekly magazine. All adjusted Net Cap numbers should be updated every month or every 2 months. That cannot be true. FXCM has emerged the global leader hands down. I know that people were very disappointed about the conditions of trading off of news and stuff, but they have since changed back to normal. This market has been very very hectic in the past year so they had to simply manage the business.