NFA Increased the Required Minimum Security Deposit for Forex Transactions
Friday, November 11, 2016

National Futures Association (NFA) has increased the minimum security deposit that forex dealer members must collect and maintain for currency pairs involving the British pound to 5 percent. (The previous minimum security deposit for currency pairs involving the British pound was 2 percent). The increase went into effect on November 7.

NFA also has reminded members that the minimum security deposit for currency pairs involving the Mexican peso remains at 6 percent.

More information is available here.

 

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