May 16th, 2009 Archives

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In an announcement on their website forex broker FXDD say that:

In our effort to provide the best solution for your trading regarding the NFA’s new rule on hedging, please know that we have been in contact with the NFA and have offered several solutions which we believe will accommodate almost all types of trading strategies and comply with the NFA rules. Our discussions with the NFA are ongoing and we will keep you advised. In the mean time, know that FXDD is making no immediate changes to any platforms and that you will be fully advised prior to any proposed changes.

In the Frequently Asked Questions section on their website FXDD still say that:

More on FXDD Still Allow Hedging?

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As zero hour approaches FXCM are taking a different approach to the NFA ban on hedging. If you go to their website today, and wait for a while the banner will change to promote their new UK based website.

More on FXCM Promote FSA Regulated Entity

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