This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

****ASF Breaking News****

Jump to new
SirRumpole said:
Or maybe we are all supposed to use Face thingy these days.
Click to expand...
That's one thingy I won't do. I won't have my face in any book, and as DonTrump proves over and over again: Tweeting is for Twits.
 

Remember how they started to censure our topics and posts back before even the Abbott govt curbed their freedom to report unpalatable LNP facts? Remember how indignant we were on all battling sides of the war?

I use Twitter to attack and tease them and the faces on the telly do bite and bite hard LOL
 
Tisme said:
Remember how they started to censure our topics and posts back before even the Abbott govt curbed their freedom to report unpalatable LNP facts? Remember how indignant we were on all battling sides of the war?
Click to expand...

Ah yes, those were the days. I miss my jousts with rob1966, and Tezzles of course. We had a good community there before the bureaucracy stuffed it up.
 
CanOz said:
http://www.cftc.gov/PressRoom/PressReleases/pr7528-17

Fxcm banned from trading in the US!
Click to expand...


Hi Everyone,

While I can't comment on the NFA or CFTC complaint specifically due to the nature of our settlement, I can say that we have settled with the NFA and CFTC without admitting or denying any of their allegations or claims. I can also say that Effex Capital is no longer pricing FXCM's NDD forex price feed. It's worth noting that FXCM would not have suffered more than $200 millon dollars in losses during the SNB flash crash had it been taking the other side of client trades – unlike so many of the DD firms in the industry.

Part of our settlement with the NFA and CFTC was to close our US subsidiary, but there will be no changes for clients outside of the US.

Since FXCM US has not been a contributor to overall profits for the firm over the past few years, FXCM will target significant cost cutting by closing the US entity. Specifically, withdrawing from this business will free approximately $52 million in capital. We will use the proceeds from any sale of the US accounts, as well as the large amount of regulatory capital currently tied up, to reduce the balance of our loan from Leucadia.

With the reduction of this loan balance, along with sales of non-core assets that were previously announced, FXCM could be in a position to fully pay off the Leucadia loan before the end of this year. With this exit, FXCM will be in a better position to service our international customers and focus on our profitable subsidiaries including FXCM Australia.

Our full financials can be found here and we will announce our Q4 and full year 2016 financials in the next few weeks.

I can also discuss with you FXCM's execution practices outside of the US. FXCM uses 16 liquidity providers to create a best bid best offer price stream for clients. LPs selected to price retail clients are forced to adhere to an extremely high standard of execution beyond just price – including consistently low rejection rates, low latency, minimum quote sizes and high fill ratios even during market events.

We have made our execution study public in the UK which can be viewed here and is a transparent comparison of FXCM's actual execution vs top tier futures brokers and the interbank market.
 
RIP Bill Leak

A champion for freedom of speech.

Thank you for your cartoons, I posted a few on here.

Political Correctness -- the poison in our society.
 
Belle seems quite the creative writer. I hope she doesn't become a Fairfax blogger.
 
Reknowned sporting commentator Bruce Mcaveney has revealed he has leukemia which could curtail his commentating career.

All the best to Bruce, he certainly is a fixture in the AFL and tennis seasons.
 
Terrorists better hope they don't wake up a sleeping Lion...... the poms have pedigree and precedence when it comes to putting in the good fight and winning.
 
Tisme said:
Terrorists better hope they don't wake up a sleeping Lion...... the poms have pedigree and precedence when it comes to putting in the good fight and winning.
Click to expand...

Too many Muslims in Britain now to win the fight. The mayor of London is one FFS, what hope have they got ?
 
You must log in or register to reply here.

Similar threads

Life in the USA
Replies
4
Views
4K
Monkey C Doo
M
R
IRAQ: the Big (neo) Con
Replies
1
Views
5K
basilio
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...