What are capital requirements?

What are capital requirements?

Capital requirements are minimum amounts of capital that certain NFA members are required to maintain.

The minimum net capital requirements for FCMs are found at NFA Financial Requirements Section 1, for independent IBs are found at NFA Financial Requirements Section 5, and for FDMs are found at NFA Financial Requirements Section 11.  See Financial Requirements for FCMs and FDMs and Independent IB Financial Requirements in the Compliance section of NFA's website for more information.

Please be advised that the new CFTC forex proposals include amendments to the capital requirements for FDMs and RFEDs.