SELECTED FCM FINANCIAL DATA AS OF 

November 30, 2011

FROM REPORTS FILED BY 

January 2, 2012

1 of 4

Reg As DSRO A/O Adjusted Net Capital Excess Customers' Customer Total Amount

Date Net Capital Requirement Net Capital Seg Required Amount of Retail Forex

4d(a)(2) Pt. 30 Required Obligation

(a) (b) (c) (d) (e) (f) (g)

1 ABN AMRO CLEARING CHICAGO LLC FCM BD CBOT 11/30/2011 261,282,850 122,019,098 139,263,752 1,955,434,289 292,500,673 0

2 ADM INVESTOR SERVICES INC FCM CBOT 11/30/2011 260,383,481 149,972,102 110,411,379 2,801,814,598 163,948,504 388,210

3 ADVANCED MARKETS LLC FCMRFD NFA 11/30/2011 20,687,502 20,000,000 687,502 0 0 1,712,860

4 ADVANTAGE FUTURES LLC FCM CME 11/30/2011 19,898,017 11,139,769 8,758,248 438,620,918 45,028,622 0

5 ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC * FCM BD NFA 09/30/2011 76,695,493 3,865,809 72,829,684 0 0 0

6 ALPARI (US) LLC FCMRFD NFA 11/30/2011 23,880,571 20,069,751 3,810,820 198,656 0 11,395,016

7 AMERIPRISE FINANCIAL SERVICES INC FCM BD NFA 11/30/2011 106,601,468 1,000,000 105,601,468 0 0 0

8 AMP GLOBAL CLEARING LLC FCM NFA 11/30/2011 1,801,849 1,000,000 801,849 32,756,962 9,531 0

9 BARCLAYS CAPITAL INC FCM BD NYME 11/30/2011 6,217,140,297 1,034,441,342 5,182,698,955 7,145,760,514 3,595,021,581 0

10 BGC FINANCIAL LP FCM BD NFA 11/30/2011 41,185,675 1,000,000 40,185,675 0 0 0

11 BNP PARIBAS PRIME BROKERAGE INC FCM BD NYME 11/30/2011 2,239,713,712 308,420,680 1,931,293,032 1,395,398,442 592,620,370 0

12 BNP PARIBAS SECURITIES CORP FCM BD CBOT 11/30/2011 2,104,572,786 57,219,022 2,047,353,764 332,941,773 0 0

13 BNY MELLON CLEARING LLC FCM CME 11/30/2011 240,050,107 10,599,248 229,450,859 198,530,930 557,618 0

14 CANTOR FITZGERALD & CO FCM BD CBOT 11/30/2011 315,200,804 8,517,518 306,683,286 3,161,879 0 0

15 CAPITAL MARKET SERVICES LLC FCM NFA 11/30/2011 2,331,878 1,000,000 1,331,878 0 0 0

16 CIBC WORLD MARKETS CORP FCM BD CME 11/30/2011 499,116,644 1,500,000 497,616,644 0 0 0

17 CITADEL SECURITIES LLC FCM BD CME 11/30/2011 499,190,056 1,000,000 498,190,056 0 0 0

18 CITIGROUP GLOBAL MARKETS INC FCM BD CBOT 11/30/2011 7,625,654,063 794,341,645 6,831,312,418 10,281,992,802 1,555,758,269 0

19 COMMONWEALTH FOREIGN EXCHANGE INC FCM NFA 11/30/2011 2,163,814 1,000,000 1,163,814 0 0 0

20 COUNTRY HEDGING INC FCM NFA 11/30/2011 22,784,079 14,521,347 8,262,732 199,423,188 1,902,908 0

21 CREDIT SUISSE SECURITIES (USA) LLC FCM BD CBOT 11/30/2011 6,623,361,094 1,121,499,350 5,501,861,744 5,315,592,969 2,172,945,802 0

22 CROSSLAND LLC FCM CBOT 11/30/2011 9,122,718 4,215,892 4,906,826 106,628,242 29,102,361 0

23 CUNNINGHAM COMMODITIES LLC FCM CBOT 11/30/2011 3,120,238 1,137,553 1,982,685 50,992,196 715,571 0

24 CX CAPITAL MARKETS LLC FCM NFA 11/30/2011 3,515,955 1,000,000 2,515,955 21,830,478 0 0

25 DAIWA CAPITAL MARKETS AMERICA INC FCM BD CME 11/30/2011 273,840,258 1,518,087 272,322,171 7,726,106 0 0

26 DEUTSCHE BANK SECURITIES INC FCM BD CBOT 11/30/2011 7,375,535,063 642,137,226 6,733,397,837 14,662,416,160 1,668,509,650 0

27 DORMAN TRADING LLC FCM CME 11/30/2011 9,360,678 1,825,546 7,535,132 121,495,999 1,235,579 0

28 EAGLE MARKET MAKERS INC FCM CBOT 11/30/2011 6,510,122 1,000,000 5,510,122 462,703 0 0

29 EASY FOREX US LTD FCM NFA 11/30/2011 1,703,920 1,000,000 703,920 0 0 0

30 ENSKILDA FUTURES LTD FCM CME 11/30/2011 30,359,569 23,217,157 7,142,412 303,522,769 0 0

31 FCSTONE LLC FCM CME 11/30/2011 118,952,105 67,900,270 51,051,835 1,302,700,906 50,427,092 0

32 FOREX CAPITAL MARKETS LLC FCMRFD NFA 11/30/2011 31,366,909 26,780,512 4,586,397 0 0 145,610,245

33 FOREX CLUB LLC FCMRFD NFA 11/30/2011 23,369,883 22,000,000 1,369,883 0 0 10,050,563

34 FRIEDBERG MERCANTILE GROUP INC FCM NFA 11/30/2011 3,058,719 1,000,000 2,058,719 13,328,393 2,884,506 0

35 FRONTIER FUTURES INC FCM NFA 11/30/2011 1,930,972 1,015,544 915,428 34,708,878 0 0

36 FUTURES TECH LLC FCM NFA 11/30/2011 1,597,835 1,000,000 597,835 0 0 0

37 FX SOLUTIONS LLC FCMRFD NFA 11/30/2011 43,302,183 20,401,890 22,900,293 0 0 18,037,803

38 FXDIRECTDEALER LLC FCMRFD NFA 11/30/2011 34,485,349 21,171,995 13,313,354 0 0 33,439,892

39 GAIN CAPITAL GROUP LLC FCMRFD NFA 11/30/2011 49,840,363 24,832,916 25,007,447 0 0 106,658,310

40 GH FINANCIALS LLC FCM CME 11/30/2011 9,367,894 1,000,000 8,367,894 0 0 0

41 GLOBAL FUTURES & FOREX LTD FCMRFD NFA 11/30/2011 80,240,694 23,987,837 56,252,857 125,526 227,199 89,756,738

42 GOLDMAN SACHS & CO FCM BD CBOT 11/30/2011 11,987,270,484 1,933,824,076 10,053,446,408 22,299,477,145 9,607,653,381 0

43 GOLDMAN SACHS EXECUTION & CLEARING LP FCM BD CME 11/30/2011 1,973,175,162 131,859,024 1,841,316,138 968,522,867 35,258,852 0

44 GUGGENHEIM SECURITIES LLC FCM BD NFA 11/30/2011 52,109,275 2,911,477 49,197,798 0 0 0

45 HSBC SECURITIES USA INC FCM BD CME 11/30/2011 1,080,316,698 99,854,623 980,462,075 924,249,974 116,889,342 0

46 ICAP CORPORATES LLC FCM BD NFA 11/30/2011 47,836,625 1,000,000 46,836,625 0 0 0

47 IKON GLOBAL MARKETS INC FCM NFA 11/30/2011 13,745,958 1,000,000 12,745,958 17,673,818 108,434 0

48 INSTINET LLC FCM BD NFA 11/30/2011 124,327,925 1,239,053 123,088,872 0 0 0

Futures Commission Merchant / Retail Foreign Exchange 

Dealer
SELECTED FCM FINANCIAL DATA AS OF 

November 30, 2011

FROM REPORTS FILED BY 

January 2, 2012

2 of 4

Reg As DSRO A/O Adjusted Net Capital Excess Customers' Customer Total Amount

Date Net Capital Requirement Net Capital Seg Required Amount of Retail Forex

4d(a)(2) Pt. 30 Required Obligation

(a) (b) (c) (d) (e) (f) (g)

Futures Commission Merchant / Retail Foreign Exchange 

Dealer

49 INSTITUTIONAL LIQUIDITY LLC FCMRFD NFA 11/30/2011 20,106,026 20,000,000 106,026 0 0 8,671,301

50 INTEGRATED BROKERAGE SERVICES LLC FCM NFA 11/30/2011 1,590,922 1,000,000 590,922 0 0 0

51 INTERACTIVE BROKERS LLC FCM BD NFA 11/30/2011 1,308,128,360 157,862,197 1,150,266,163 690,947,654 196,052,867 0

52 INTERBANK FX LLC FCMRFD NFA 11/30/2011 26,031,349 21,035,694 4,995,655 0 0 30,713,888

53 IRONBEAM INC FCM NFA 11/30/2011 2,947,826 1,000,000 1,947,826 38,002,463 107,168 0

54 ITG DERIVATIVES LLC FCM BD NFA 11/30/2011 2,967,936 1,000,000 1,967,936 0 0 0

55 JEFFERIES & COMPANY INC FCM BD NFA 11/30/2011 931,335,818 47,808,162 883,527,656 0 0 0

56 JEFFERIES BACHE LLC FCM CBOT 11/30/2011 264,392,000 152,042,240 112,349,760 1,988,640,000 235,030,000 0

57 JP MORGAN CLEARING CORP FCM BD NFA 11/30/2011 7,446,458,364 1,911,481,684 5,534,976,680 431,136,987 356,849,668 0

58 JP MORGAN SECURITIES LLC FCM BD CEI 11/30/2011 10,617,479,650 1,589,017,977 9,028,461,673 17,597,688,893 3,673,177,328 0

59 LEK SECURITIES CORPORATION FCM BD NFA 11/30/2011 9,006,459 1,500,000 7,506,459 2,224,217 0 0

60 LINN GROUP THE FCM NFA 11/30/2011 2,578,568 1,000,000 1,578,568 38,223,221 223,904 0

61 LPL FINANCIAL LLC FCM BD NFA 11/30/2011 132,838,601 6,372,529 126,466,072 0 0 0

62 MACQUARIE FUTURES USA LLC FCM CBOT 11/30/2011 133,003,158 70,597,326 62,405,832 928,979,880 81,987,516 0

63 MAREX NORTH AMERICA LLC FCM CME 11/30/2011 17,263,683 6,577,556 10,686,127 78,679,337 3,581,996 0

64 MAREX USA LIMITED FCM NFA 11/30/2011 2,749,405 1,000,000 1,749,405 0 0 0

65 MB TRADING FUTURES INC FCMRFD NFA 11/30/2011 26,365,070 21,199,527 5,165,543 0 0 33,990,537

66 MBF CLEARING CORP FCM NYME 11/30/2011 6,019,671 1,000,000 5,019,671 59,112,754 3,182,005 0

67 MCVEAN TRADING & INVESTMENTS LLC FCM NFA 11/30/2011 14,296,473 2,114,763 12,181,710 852,955,083 0 0

68 MERRILL LYNCH PIERCE FENNER & SMITH FCM BD CBOT 11/30/2011 11,085,882,531 839,516,351 10,246,366,180 8,979,493,824 2,187,580,845 0

69 MERRILL LYNCH PROFESSIONAL CLEARING CORP FCM BD NFA 11/30/2011 3,158,771,537 179,125,869 2,979,645,668 1,057,407,777 57,458,605 0

70 MID CO COMMODITIES INC FCM NFA 11/30/2011 12,695,729 5,278,132 7,417,597 38,423,771 452,455 0

71 MITSUBISHI UFJ SECURITIES USA INC FCM BD NFA 11/30/2011 222,857,106 1,715,279 221,141,827 0 0 0

72 MITSUI BUSSAN COMMODITIES USA INC FCM NFA 11/30/2011 2,909,506 1,000,000 1,909,506 0 0 0

73 MIZUHO SECURITIES USA INC FCM BD CME 11/30/2011 401,183,043 121,391,652 279,791,391 965,033,645 702,199,083 0

74 MORGAN KEEGAN & COMPANY INC FCM BD NFA 11/30/2011 464,446,965 7,739,353 456,707,612 0 0 0

75 MORGAN STANLEY & CO LLC FCM BD CME 11/30/2011 8,591,866,644 1,009,953,539 7,581,913,105 4,993,122,133 2,019,561,867 0

76 MORGAN STANLEY SMITH BARNEY LLC FCM BD NFA 11/30/2011 1,546,874,143 38,329,410 1,508,544,733 593,887,004 1,778,300,507 0

77 NATIXIS SECURITIES AMERICAS LLC FCM BD NFA 11/30/2011 338,992,955 1,500,000 337,492,955 0 0 0

78 NEUBERGER BERMAN LLC FCM BD NFA 11/30/2011 91,905,210 1,500,000 90,405,210 0 0 0

79 NEWEDGE USA LLC FCM BD NYME 11/30/2011 2,310,660,524 1,347,598,261 963,062,263 17,447,120,827 5,953,059,441 0

80 NOMURA SECURITIES INTERNATIONAL INC FCM BD CBOT 11/30/2011 2,026,051,200 23,337,870 2,002,713,330 81,422,190 208,600 0

81 OANDA CORPORATION FCMRFD NFA 11/30/2011 147,715,952 27,177,395 120,538,557 0 0 153,547,893

82 OPEN E CRY LLC FCM NFA 11/30/2011 3,081,818 1,000,000 2,081,818 83,601,661 2,284,080 0

83 OPPENHEIMER & CO INC FCM BD NFA 11/30/2011 137,973,279 22,000,202 115,973,077 19,120,470 0 0

84 OPTIONSXPRESS INC FCM BD NFA 11/30/2011 79,933,162 5,736,444 74,196,718 87,443,115 2,856,776 0

85 PENSON FINANCIAL SERVICES INC FCM BD CBOT 11/30/2011 158,183,713 29,726,370 128,457,343 579,235,894 84,676,294 0

86 PEREGRINE FINANCIAL GROUP INC FCM NFA 11/30/2011 34,332,676 21,153,258 13,179,418 388,254,035 24,220,173 33,065,159

87 PHILLIP FUTURES INC FCM CME 11/30/2011 9,410,736 2,234,410 7,176,326 56,822,562 0 0

88 PIONEER FUTURES INC FCM NFA 11/30/2011 2,941,592 1,000,000 1,941,592 0 0 0

89 RAND FINANCIAL SERVICES INC FCM CME 11/30/2011 74,310,681 16,478,723 57,831,958 115,310,800 31,447,800 0

90 RAYMOND JAMES & ASSOCIATES INC FCM BD NFA 11/30/2011 407,948,344 30,791,333 377,157,011 0 0 0

91 RBC CAPITAL MARKETS LLC FCM BD CME 11/30/2011 1,244,307,848 98,489,197 1,145,818,651 581,657,165 44,846,068 0

92 RBS SECURITIES INC FCM BD CBOT 11/30/2011 3,236,247,503 306,930,344 2,929,317,159 2,506,583,103 120,411,033 0

93 RJ OBRIEN ASSOCIATES LLC FCM CME 11/30/2011 209,543,743 122,542,353 87,001,390 3,375,322,392 137,628,897 2,963,082

94 ROSENTHAL COLLINS GROUP LLC FCM CME 11/30/2011 97,514,794 70,122,443 27,392,351 1,734,653,771 32,951,334 0

95 ROSENTHAL GLOBAL SECURITIES LLC FCM BD NFA 11/30/2011 48,578,730 1,000,000 47,578,730 0 0 0

96 SANFORD C BERNSTEIN & CO LLC FCM BD NFA 11/30/2011 174,393,284 14,283,171 160,110,113 0 0 0
SELECTED FCM FINANCIAL DATA AS OF 

November 30, 2011

FROM REPORTS FILED BY 

January 2, 2012

3 of 4

Reg As DSRO A/O Adjusted Net Capital Excess Customers' Customer Total Amount

Date Net Capital Requirement Net Capital Seg Required Amount of Retail Forex

4d(a)(2) Pt. 30 Required Obligation

(a) (b) (c) (d) (e) (f) (g)

Futures Commission Merchant / Retail Foreign Exchange 

Dealer

97 SANTANDER INVESTMENT SECURITIES INC FCM BD NYME 11/30/2011 225,594,447 11,638,803 213,955,644 463,946,002 0 0

98 STATE STREET GLOBAL MARKETS LLC FCM BD CME 11/30/2011 427,506,758 11,994,305 415,512,453 148,407,317 7,484,184 0

99 STEPHENS FCM BD NFA 11/30/2011 83,873,531 13,831,027 70,042,504 0 0 0

100 STERLING COMMODITIES CORP FCM NFA 11/30/2011 2,322,597 1,000,000 1,322,597 0 0 0

101 STRAITS FINANCIAL LLC FCM CME 11/30/2011 7,695,071 1,468,622 6,226,449 39,601,549 1,862,508 0

102 TD AMERITRADE INC FCM BD NFA 11/30/2011 321,221,316 1,000,000 320,221,316 0 0 0

103 TENCO INC FCM CBOT 11/30/2011 62,847,271 6,145,590 56,701,681 220,299,439 30,301 0

104 TIMBER HILL LLC FCM BD CME 11/30/2011 889,321,926 41,219,499 848,102,427 744,081,369 0 0

105 TRADELINK LLC FCM BD CBOT 11/30/2011 33,347,711 1,000,000 32,347,711 0 0 0

106 TRADESTATION FOREX INC RFED NFA 11/30/2011 26,471,890 21,560,819 4,911,071 0 0 41,216,375

107 TRADESTATION SECURITIES INC FCM BD NFA 11/30/2011 55,035,715 2,604,433 52,431,282 428,408,360 11,105,350 0

108 TRADITION SECURITIES AND FUTURES INC FCM NFA 11/30/2011 1,517,157 1,000,000 517,157 0 0 0

109 UBS FINANCIAL SERVICES INC FCM BD NFA 11/30/2011 1,298,260,962 139,159,307 1,159,101,655 158,060,824 345,530 0

110 UBS SECURITIES LLC FCM BD CBOT 11/30/2011 11,917,172,307 1,003,706,599 10,913,465,708 9,014,511,798 5,089,664,537 0

111 VELOCITY FUTURES LLC FCM NFA 11/30/2011 1,793,441 1,000,000 793,441 79,179,421 15,740,045 0

112 VISION FINANCIAL MARKETS LLC FCM BD CME 11/30/2011 31,011,072 7,766,121 23,244,951 371,609,904 6,511,626 0

113 WELLS FARGO ADVISORS FINANCIAL NETWORK LLC FCM BD NFA 11/30/2011 34,297,402 3,924,845 30,372,557 0 0 0

114 WELLS FARGO ADVISORS LLC FCM BD NFA 11/30/2011 602,602,298 1,500,000 601,102,298 0 0 0

115 WELLS FARGO SECURITIES LLC FCM BD CME 11/30/2011 1,836,962,836 10,699,155 1,826,263,681 0 0 0

116 WHITE COMMERCIAL CORPORATION FCM NFA 11/30/2011 2,740,413 1,000,000 1,740,413 0 0 0

117 XPRESSTRADE LLC RFED NFA 11/30/2011 22,990,403 20,000,000 2,990,403 0 0 840,943

118 YORK BUSINESS ASSOCIATES LLC FCM NFA 11/30/2011 1,186,692 1,000,000 186,692 75,573,654 1,525,262 0

Totals 149,071,676,345 42,797,911,498 722,058,815

October Web Page Update 120

Additions 1

GH FINANCIALS LLC

Deletions 3

PENSON FUTURES

TOWER RESEARCH CAPITAL EUROPE LLC

LIMESTONE TRADING LLC

Name Change

MACQUARIE FUTURES USA INC to

MACQUARIE FUTURES USA LLC

November Web Page Update 118

*Allianz Global Investors Distributors LLC files financial statements quarterly.
SELECTED FCM FINANCIAL DATA AS OF 

November 30, 2011

FROM REPORTS FILED BY 

January 2, 2012

4 of 4

Reg As DSRO A/O Adjusted Net Capital Excess Customers' Customer Total Amount

Date Net Capital Requirement Net Capital Seg Required Amount of Retail Forex

4d(a)(2) Pt. 30 Required Obligation

(a) (b) (c) (d) (e) (f) (g)

Futures Commission Merchant / Retail Foreign Exchange 

Dealer

(f): This represents the amount of funds an FCM is required to set aside for customers who trade on commodity exchanges located outside of the United States. 

(g): This represents the total amount of funds at an FCM, RFED, or FCMRFD that would be obtained by combining all money, securities and property deposited by a retail forex customer into a retail forex account or accounts, 

adjusted for the realized and unrealized net profit or loss.

•  minimum dollar amount for FCM’s offering or engaged in retail forex transactions and RFEDs ($20,000,000) plus five percent of the FCM’s or RFED’s total retail forex obligation in excess of $10,000,000.

(d): Excess net capital is adjusted net capital, less the firm's net capital requirement.

(e): This represents the total amount of funds that an FCM is required to segregate on behalf of customers who are trading on a designated contract market or derivatives transaction execution facility. This is the sum of all 

accounts that contain a net liquidating equity.

•  risk based capital requirement, the sum of 8% of total customer risk maintenance margin and 8% of total non-customer risk maintenance margin; or 

•  the amount of capital required by a registered futures association (currently NFA is the only such association); or

•  for securities brokers and dealers, the amount of net capital required by Rule 15c3-1(a) of the Securities and Exchange Commission; or  

•  minimum dollar amount for FCM’s offering or engaged in retail forex transactions and RFEDs ($20,000,000); or

•  FCM minimum dollar amount ($1,000,000); or

 RFED: Retail Foreign Exchange Dealer that is registered with the Commodity Futures Trading Commission;

 BD: The FCM is also registered with the Securities and Exchange Commission as a securities broker or dealer;

(a): FCM: Futures Commission Merchant that is registered with the Commodity Futures Trading Commission;

(c): A firm's net capital requirement is the greater of: 

 FCMRFD: The FCM is also registered with the Commodity Futures Trading Commission as a Retail Foreign Exchange Dealer.

(b): DSRO: Designated Self-Regulatory Organization.