Even Barclays, one of the biggest banks in the world, shut down JPY trading.. url

MB Trading Futures - Introduction

Good call.

MB Trading Futures - Introduction

The bulk of the trades during that period were likely happening on the institutional platforms (EBS, Reuters, FXall, Hotspot, etc). Most of the banks/LPs might stop quoting while they process the rollover, but not 100% of them at any given time, ...

MB Trading Futures - Introduction

USD/JPY 80% net long, 85% net long, 90% net long! Retail getting taken out to slaughter, what a payday for the MMs/LPs.

MB Trading Futures - Introduction

Interesting, the L2 book has been showing client limit orders the entire time.. Major multi-decade lows hit, huge stops were probably forced thru at rollover. A stampede for the exits combined with low liquidity and this is what happens. No short ...

MB Trading Futures - Introduction

Not frozen here. L1 & L2 MBT feed into QuoteTracker.

MB Trading Futures - Introduction

Gain/Forex.com just removed all JPY pairs - no trading..

MB Trading Futures - Introduction

Free from the source, requires registration.

Futures Data cheep or free

From what I've heard and gathered, the following are essentially regulation-for-hire localities/agencies. File some paperwork, pay a $20-25k fee, and you're now 'officially regulated'. Belize - IFSC Mauritius - FSC Cypress - CySEC

Smarttradefx

By default, they're IRC Section 988 losses and you can put them on your form 1040 and use them to offset any ordinary income. I'm not sure if carry-forwards of IRC 988 losses are treated the same as IRC 1256 (never had it happen as I always elect ...

Tax Deduction for Forex Losses?

"21. ...JadeFX operates out of Wisconsin Dells and not Belize. Defendants conduct business in the United States. " Well I guess that closes the off-shore shell corp loophole. I wonder what the other US operated/off-shore domiciled brokers are going ...

JadeFX Lesson

url

JadeFX Lesson

url MADISON, Wisc. - Jade Investments Group and Jacob Juma Omukwe, of the Dells, "solicited and received at least $3.3 million from customers using the misrepresentations on the [co-defendant] JadeFX website," the Commodity Futures Trading ...

JadeFX Lesson

I'm still betting the guy never switched ownership of his WellsFargo company bank account from his Wisconsin LLC over to the Belize PO box. If so, then there were never any 'foreign funds' to speak of.

JadeFX Lesson

Says the guy pitching an MT4 indicator on a 2 year old thread. MT4 is a retail platform in case you didn't know. Business running a little slow?

MT4 moves to ECN (2 unique brokers)

Trade volumes aren't reported. Displayed liquidity in an FX orderbook is a complete mirage, except for executable price venues like EBS & Hotspot.

MT4 moves to ECN (2 unique brokers)

You do realize that actual volume isn't reported by any global FX venue? I hope you didn't pay money for this indicator.. Also, why on earth are you quoting and replying to a post from over 2 years ago?

MT4 moves to ECN (2 unique brokers)

Is this from what the CFTC told you directly, or from what JadeFX told you? If the former, then every offshore BT client is in trouble..

JadeFX Lesson

Many of the current offshore brokers who don't accept US citizens are also doing one or more of the above. I know a couple of JadeFX clones that hopped ship to shell addresses/dummy corps in Panama or Belize, and they probably think they're all ok, ...

JadeFX Lesson

Ha. What Belize operation? He's just using a shell address there, along with a $25k rubber-stamp "regulation certificate" from the IFSC. All likely from the shady, terrible advice of BT.. in other news.. "Guys Jade is legitimately in trouble with ...

JadeFX Lesson