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You want to look at the latest, which is July 2003, in Excel format:
http://www.cftc.gov/files/tm/fcm/tmfcmdata0307.xls
Data and format has changed a bit since I last used this but a quick look
suggests dividing Column F (Adjusted Net Capital) by Column G (Net Capital
Requirement) to determine the multiple of required capital for each Futures
Clearing Merchant (this is the company which actually holds your funds).
Numbers will range from 1 (minimum) to the hundreds. Interactive Brokers,
which I use, has 29 times the required capital ... a very solid number. If I
were looking for a FCM, I would want to see nothing less than 3 times. The
last time I checked this, a number of very well known and heavily advertised
FCM's were at the low end of the range. Rosenthal Collins Group is 5 times
and Rosenthal Global is 12 times so either should be fine.
Earl
----- Original Message -----
From: "ketayun" <ketayun@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Sunday, September 21, 2003 3:59 PM
Subject: Re: : [RT] Caveat Emptor/Rosenthal clearong agent
> > http://www.cftc.gov/tm/tmfcm.htm
>
>
> Hi Earl,
>
> Thanks for the tip. I went to this location but wonder if it is what you
> mean and if so, which columns would I divide to find the 10% ratio?
>
> Sincerely,
>
> Kate
>
>
>
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