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FXDD : BIG WARNING FROM NFA

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By albert 2043 days ago Comments (2)

 Earlier in the year FXDD were found to be using 'assymetric' slippage to benefit from clients trading. The case continued unresolved as FXDD ducked and weaved around the issues for months but it seems the NFA has had enough of of it now and requires them to place $3.3 million in a trust account or bond by Dec 14th or liquidate all current positions and not take any new positions. 

http://www.nfa.futures.org/news/newsRel ... cleID=4166

http://www.nfa.futures.org/basicnet/Cas ... eqnum=3347

http://www.nfa.futures.org/basicnet/Cas ... eqnum=3472