Automated Forex Trading | SystemTraderFX

How the New Anti-Hedging Rule Affects U.S. Traders

By The SystemTraderFX Team on May 15, 2009 at 8:52 am | Filed under General

Recent NFA regulations Rule 2-43(b) prohibits U.S. Clients from holding buy and sell positions in their account simultaneously (hedging). This rule will come into effect May 15th, 2009.

We have begun to make the necessary adjustments to our platform and all of our back office monitoring programs.

As of Sunday May 10th your account will not provide  some hedging capabilities.

U.S. accounts  will be are restricted as follows:

You may not hold more than 1 system per currency pair in your account. The reason being is that different system providers may have different opinions on which direction the market is going.

Traders should consider to make adjustments to your portfolios as follows:

ยท Select 1 signal provider per currency pair.

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