Foreign exchange market round up: ODL retreats from the US
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Foreign Exchange

Foreign exchange market round up: ODL retreats from the US

The Commodity Futures Trading Commission’s requirement to increase the amount of net adjusted capital needed to operate in the retail FX market to $15 million on January 17 has led ODL Securities to decide it is no longer worth operating in the US. Sources close to ODL say that having pulled out from the west, it will now refocus on the east.

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