Co-authored by Maureen C. Guilfoile.
The National Futures Association (NFA) has announced that beginning November 1, it will made available on NFA’s BASIC online system three separate Futures Commission Merchants (FCM) financial reports. The FCM Capital Report will report the most recent month’s adjusted net capital, required net capital, and excess net capital. The FCM Customer Segregated Funds Report will report information with respect to funds held in customer segregated accounts. Similarly, the FCM Customer Secured Amount Funds Report will report information relating to customer secured amount funds.
More information is available here.