[Date Prev][Date Next][Thread Prev][Thread Next][Date Index][Thread Index]

[amibroker] Re: FINRA files rule to reduce Forex leverage down to 1.5:1



PureBytes Links

Trading Reference Links

Thanks.

--- In amibroker@xxxxxxxxxxxxxxx, "sidhartha70" <sidhartha70@xxx> wrote:
>
> Depends on the broker I think... but plenty... more than 5 to 1... probably more like 10 to 1...
> 
> try www.tickdata.com
> 
> IQ Feed have free (once you subscribe to live data) 1 min data going back about 2 years...
> 
> --- In amibroker@xxxxxxxxxxxxxxx, "ozzyapeman" <zoopfree@> wrote:
> >
> > What is the typical leverage on futures?
> > 
> > And do you know a good source of historical 1-min data on such instruments, going back at least 5 years? I guess it may be time to diversify from straight Forex.
> > 
> > 
> > --- In amibroker@xxxxxxxxxxxxxxx, "sidhartha70" <sidhartha70@> wrote:
> > >
> > > Trade futures on FX instead
> > > 
> > > --- In amibroker@xxxxxxxxxxxxxxx, "ozzyapeman" <zoopfree@> wrote:
> > > >
> > > > Seems that FINRA is serious about reducing leverage for retail forex brokers all the way down to 1.5:1!
> > > > 
> > > > In January they proposed the rule, and received 108 comments (107 of which were AGAINST the proposal). Now they have filed the rule and are awaiting approval:
> > > > 
> > > > http://www.finra.org/Industry/Regul...gs/2009/P118864
> > > > 
> > > > Under this proposed rule, you would need to put up $66,666 to trade a single $100k lot!
> > > > 
> > > > Unfortunately, my broker of choice IB, for which I spent the whole of last year developing my autotrading platform, is regulated by FINRA. I just hope that if this rule is actually approved, that IB is able to quickly spin off their Forex biz into another entity that comes under NFA regulation, instead of FINRA regulation.
> > > > 
> > > > And I would appeal to Tomasz to make IBC controller compatible with other, non FINRA, Forex brokers as well - FXCM, HotSpot, Oanda. We need more choices.
> > > > 
> > > > Moving autotrading from IB would be a pain in the neck, with a whole new API to code around.
> > > >
> > >
> >
>




------------------------------------

**** IMPORTANT PLEASE READ ****
This group is for the discussion between users only.
This is *NOT* technical support channel.

TO GET TECHNICAL SUPPORT send an e-mail directly to 
SUPPORT {at} amibroker.com

TO SUBMIT SUGGESTIONS please use FEEDBACK CENTER at
http://www.amibroker.com/feedback/
(submissions sent via other channels won't be considered)

For NEW RELEASE ANNOUNCEMENTS and other news always check DEVLOG:
http://www.amibroker.com/devlog/

Yahoo! Groups Links

<*> To visit your group on the web, go to:
    http://groups.yahoo.com/group/amibroker/

<*> Your email settings:
    Individual Email | Traditional

<*> To change settings online go to:
    http://groups.yahoo.com/group/amibroker/join
    (Yahoo! ID required)

<*> To change settings via email:
    mailto:amibroker-digest@xxxxxxxxxxxxxxx 
    mailto:amibroker-fullfeatured@xxxxxxxxxxxxxxx

<*> To unsubscribe from this group, send an email to:
    amibroker-unsubscribe@xxxxxxxxxxxxxxx

<*> Your use of Yahoo! Groups is subject to:
    http://docs.yahoo.com/info/terms/