Meaning Of, Value - Commission
National Futures Association appreciates the probability to comment on the Commission's proposed rules relating to the regulation of off - exchange sell foreign currency transactions. NFA applauds the Commitee for proffering these rules, which will both provide important safeguards to retail users and bring greater regulatory assurance to the market Forex market industry.
Time by time Stp brokers are disputed as whether they were ECN brokers.
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Up to at present time, diversity country fitters have put off making any decisive statements about whether they regard specific types of Foreign exchange contracts as daughter languages. Currently that it' s obvious this won't happen till 2017, it remains to be witnessed whether country fitters decide to adopt the meaning of Foreign exchange spot scheduled by the Commission and incorporate this in their own country regulations forward of the implementation of MiFID 2. This is also unclear whether the above-mentioned countries that at present use a "commercial purpose' test to determine whether an Forex forward convention is or is not a derivation will change their regulatory leadership or appeal to in enlarge of any formal harmonising measures coming out from the Commitee in 2017.