New York, NY (PRWEB) December 16, 2009
FXDD is pleased to announce its successful registration with the Commodity Futures Trading Commission (CFTC) and its newly enacted status as an official member of National Futures Association (NFA). Going forward, FXDD will operate as a fully registered Forex Dealer Member (FDM) in accordance with the rules and regulations of CFTC and NFA.
“We have always focused on compliance and made sure we were up to speed on new changes in the applicable rules and regulations. Throughout the registration process we worked closely with the NFA and came to appreciate the hard work and effort the NFA staff puts in to manage a firm through the registration process. Needless to say, I am glad that we’ve finally obtained member status. This is a very important and long awaited moment in the life of our company,” said James E. Green, Chief Legal Counsel and Head of Compliance for FXDD.
FXDD, headquartered in New York City, is a leading online foreign exchange trading firm dedicated to providing superior customer service, powerful trading technology, and reliable streaming liquidity. We provide our services to individual and institutional traders, hedge funds, commercial entities, brokerage firms and money managers around the world. FXDD offers 24-hour Forex trading by way of its trading platforms, which include: MetaTrader, MTXtreme, FXDDTrader, PowerTrader and FXDDAuto. The Company’s services currently provide competitive interbank pricing, no-interest accounts, and fully automated execution. FXDD also provides competitive bid-to-ask spreads (2-3-wide on most majors for retail platforms and 0-2 pips on most majors for institutional platforms).
Please Note: FXDD is running a special holiday promotion for new and existing customers. Please visit http://www.fxdd.com/bonus for details.
For a free practice account, please visit http://www.fxdd.com or call toll-free in the U.S. at 1.866.FOR.FXDD or +1.212.791.3950.