Just got the notice - new leverage in the united states is capped at 50:1 for its majors, 20:1 for its exotic pairs, and non-US accounts are prohibited
I welcome those changes. . .if I cannot handle my mm. . .at least the f***ing CFTC can get it done for me!
Im not actually paying attention to what is happening here CFTC-wise, but was a lot of talk about a 10:1 cap. Not sure if this will end up going down, but this shouldn't affect mepersonally, but it does seem like it would make things somewhat tight.
Gl all