Today is July 31…

Remember today (July 31, 2009), NFA Rule 2-43 becomes effective for all US-based Forex Brokers. Be aware of your broker solutions and be prepared for the consequences.
Take Profit or Stop Loss orders associated with a FIFO matched position will be automatically canceled.
Some brokers like ibfx.com) did send out announcements on how their systems will be. So be aware. Traders must adapt their strategies.

Remember today (July 31, 2009), NFA Rule 2-43 becomes effective for all US-based Forex Brokers. Be aware of your broker solutions and be prepared for the consequences.

Take Profit or Stop Loss orders associated with a FIFO matched position will be automatically cancelled.

Some brokers (like ibfx.com) did send out announcements on how their systems will be. So be aware. Traders must adapt their strategies.

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