[4XONTARIO] new leverages for FOREX currency pairs - Efraim

 

Attention all traders,

Effective Monday, October 18, 2010 new leverages for FOREX currency pairs as follow:

For the majors, new leverage will be 50:1
For the exotics, new leverage will be 20:1

The new retail FOREX rules for US traders from the CFTC were finalized on 8/31/10.

Additional details:

Press Release:
http://www.cftc.gov/PressRoom/PressReleases/pr5883-10.html

Summary:
http://www.cftc.gov/PressRoom/PressReleases/pr5883-10.html

Federal Register Full Doc:
http://www.cftc.gov/ucm/groups/public/@newsroom/documents/file/federalregister083010.pdf

Q and A:
http://www.cftc.gov/ucm/groups/public/@newsroom/documents/file/forexfinalrule_qa.pdf

Regards,

Efraim
'THE PIP DISPENSER'

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