SELECTED FCM FINANCIAL DATA AS OF 

January 31, 2012

FROM REPORTS FILED BY 

March 5, 2012

1 of 3

Reg As DSRO A/O Adjusted Net Capital Excess Customers' Customers' Excess/Deficient Funds in Separate Customer Excess/Deficient Total Amount

Date Net Capital Requirement Net Capital Assets Seg Required Funds in Seg Section 30.7 Amount Pt. 30 Funds in Separate of Retail Forex

in Seg 4d(a)(2) Accounts Required Section 30.7 Obligation

Accounts

(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k)

1 ABN AMRO CLEARING CHICAGO LLC FCM BD CBOT 1/31/2012 286,909,134 131,364,570 155,544,564 2,090,731,568 2,036,068,185 54,663,383 340,796,319 327,094,301 13,702,018 0

2 ADM INVESTOR SERVICES INC FCM CBOT 1/31/2012 250,739,498 143,246,101 107,493,397 3,230,202,833 2,748,189,684 482,013,149 220,140,192 179,143,749 40,996,443 638,863

3 ADVANCED MARKETS LLC FCMRFD NFA 1/31/2012 20,523,266 20,000,000 523,266 0 0 0 0 0 0 2,025,284

4 ADVANTAGE FUTURES LLC FCM CME 1/31/2012 21,020,804 11,337,086 9,683,718 464,897,823 452,674,728 12,223,095 45,224,509 42,725,107 2,499,402 0

5 ALPARI (US) LLC FCMRFD NFA 1/31/2012 23,919,475 20,022,052 3,897,423 352,891 234,046 118,845 0 0 0 10,441,032

6 AMERIPRISE FINANCIAL SERVICES INC FCM BD NFA 1/31/2012 68,282,696 1,000,000 67,282,696 0 0 0 0 0 0 0

7 AMP GLOBAL CLEARING LLC FCM NFA 1/31/2012 1,837,837 1,000,000 837,837 34,130,737 33,074,092 1,056,645 236,205 5,669 230,536 0

8 BARCLAYS CAPITAL INC FCM BD NYME 1/31/2012 6,379,500,302 1,011,846,242 5,367,654,060 6,984,692,107 6,780,292,553 204,399,554 3,936,153,650 3,756,807,892 179,345,758 0

9 BGC FINANCIAL LP FCM BD NFA 1/31/2012 54,883,399 1,217,329 53,666,070 0 0 0 0 0 0 0

10 BNP PARIBAS PRIME BROKERAGE INC FCM BD NYME 1/31/2012 2,172,257,273 300,637,341 1,871,619,932 1,505,923,717 1,363,413,447 142,510,270 695,073,433 636,960,003 58,113,430 0

11 BNP PARIBAS SECURITIES CORP FCM BD CBOT 1/31/2012 1,848,943,394 106,714,149 1,742,229,245 521,268,096 434,640,721 86,627,375 0 0 0 0

12 BNY MELLON CLEARING LLC FCM CME 1/31/2012 262,597,229 12,393,887 250,203,342 326,282,805 178,191,956 148,090,849 1,648,916 352,744 1,296,172 0

13 CANTOR FITZGERALD & CO FCM BD CBOT 1/31/2012 264,137,307 8,332,095 255,805,212 5,321,502 4,440,908 880,594 0 0 0 0

14 CAPITAL MARKET SERVICES LLC FCM NFA 1/31/2012 2,656,471 1,000,000 1,656,471 0 0 0 0 0 0 0

15 CIBC WORLD MARKETS CORP FCM BD CME 1/31/2012 494,847,697 1,500,000 493,347,697 0 0 0 0 0 0 0

16 CITADEL SECURITIES LLC FCM BD CME 1/31/2012 493,900,597 1,000,000 492,900,597 0 0 0 0 0 0 0

17 CITIGROUP GLOBAL MARKETS INC FCM BD CBOT 1/31/2012 7,829,923,378 801,057,282 7,028,866,096 10,105,010,485 9,564,716,265 540,294,220 2,335,837,790 1,562,911,179 772,926,611 0

18 COMMONWEALTH FOREIGN EXCHANGE INC FCM NFA 1/31/2012 1,660,087 1,000,000 660,087 0 0 0 0 0 0 0

19 COUNTRY HEDGING INC FCM NFA 1/31/2012 20,162,288 14,136,654 6,025,634 201,084,104 180,588,209 20,495,895 270,153 122,804 147,349 0

20 CREDIT SUISSE SECURITIES (USA) LLC FCM BD CBOT 1/31/2012 7,408,055,421 1,129,036,676 6,279,018,745 6,663,345,552 6,051,579,750 611,765,802 2,686,411,309 2,204,543,943 481,867,366 0

21 CROSSLAND LLC FCM CBOT 1/31/2012 9,813,937 4,708,805 5,105,132 92,001,585 86,901,567 5,100,018 24,177,613 21,975,677 2,201,936 0

22 CUNNINGHAM COMMODITIES LLC FCM CBOT 1/31/2012 3,328,529 1,160,381 2,168,148 52,309,301 50,961,860 1,347,441 1,133,105 1,054,726 78,379 0

23 CX CAPITAL MARKETS LLC FCM BD NFA 1/31/2012 3,438,934 1,000,000 2,438,934 28,497,912 26,701,825 1,796,087 0 0 0 0

24 DAIWA CAPITAL MARKETS AMERICA INC FCM BD CME 1/31/2012 278,547,610 1,427,716 277,119,894 11,871,353 7,258,250 4,613,103 1,069,870 0 1,069,870 0

25 DEUTSCHE BANK SECURITIES INC FCM BD CBOT 1/31/2012 8,623,920,551 675,211,775 7,948,708,776 15,358,027,909 14,906,273,139 451,754,770 1,631,058,362 1,279,400,391 351,657,971 0

26 DORMAN TRADING LLC FCM CME 1/31/2012 9,174,210 1,723,150 7,451,060 127,597,560 125,006,172 2,591,388 4,024,820 2,392,238 1,632,582 0

27 EAGLE MARKET MAKERS INC FCM CBOT 1/31/2012 6,672,718 1,000,000 5,672,718 1,182,855 408,430 774,425 0 0 0 0

28 EASY FOREX US LTD FCM NFA 1/31/2012 1,663,365 1,000,000 663,365 0 0 0 0 0 0 0

29 ENSKILDA FUTURES LTD FCM CME 1/31/2012 39,311,059 19,204,970 20,106,089 287,097,600 282,437,136 4,660,464 0 0 0 0

30 FCSTONE LLC FCM CME 1/31/2012 112,033,464 68,482,739 43,550,725 1,293,735,696 1,271,675,382 22,060,314 86,216,699 77,180,158 9,036,541 0

31 FOREX CAPITAL MARKETS LLC FCMRFD NFA 1/31/2012 37,691,724 26,779,031 10,912,693 0 0 0 0 0 0 145,580,624

32 FOREX CLUB LLC FCMRFD NFA 1/31/2012 22,187,518 22,000,000 187,518 0 0 0 0 0 0 2,848,854

33 FRIEDBERG MERCANTILE GROUP INC FCM NFA 1/31/2012 2,810,904 1,000,000 1,810,904 14,135,816 11,631,653 2,504,163 1,210,913 1,058,900 152,013 0

34 FRONTIER FUTURES INC FCM NFA 1/31/2012 1,919,224 1,018,959 900,265 30,684,988 30,092,073 592,915 0 0 0 0

35 FUTURES TECH LLC FCM NFA 1/31/2012 1,566,857 1,000,000 566,857 0 0 0 0 0 0 0

36 FX SOLUTIONS LLC FCMRFD NFA 1/31/2012 39,922,089 20,366,753 19,555,336 0 0 0 0 0 0 17,335,053

37 FXDIRECTDEALER LLC FCMRFD NFA 1/31/2012 27,118,889 21,276,535 5,842,354 0 0 0 0 0 0 35,530,697

38 GAIN CAPITAL GROUP LLC FCMRFD NFA 1/31/2012 61,167,574 24,595,481 36,572,093 0 0 0 0 0 0 101,909,614

39 GH FINANCIALS LLC FCM CME 1/31/2012 9,159,941 1,000,000 8,159,941 131,548 81,548 50,000 0 0 0 0

40 GLOBAL FUTURES & FOREX LTD FCMRFD NFA 1/31/2012 77,406,343 23,920,318 53,486,025 459,506 119,568 339,938 297,884 219,146 78,738 88,406,365

41 GOLDMAN SACHS & CO FCM BD CBOT 1/31/2012 11,799,253,757 1,927,908,851 9,871,344,906 22,241,565,863 21,695,701,641 545,864,222 9,610,186,042 9,167,632,346 442,553,696 0

42 GOLDMAN SACHS EXECUTION & CLEARING LP FCM BD CME 1/31/2012 2,076,098,567 104,458,773 1,971,639,794 1,434,980,503 845,679,106 589,301,397 74,951,487 31,267,044 43,684,443 0

43 GUGGENHEIM SECURITIES LLC FCM BD NFA 1/31/2012 69,636,211 2,869,763 66,766,448 0 0 0 0 0 0 0

44 HSBC SECURITIES USA INC FCM BD CME 1/31/2012 1,110,945,672 103,574,859 1,007,370,813 1,004,189,229 938,665,843 65,523,386 160,698,813 152,074,317 8,624,496 0

45 ICAP CORPORATES LLC FCM BD NFA 1/31/2012 49,013,056 1,000,000 48,013,056 0 0 0 0 0 0 0

46 IKON GLOBAL MARKETS INC FCM NFA 1/31/2012 4,105,458 1,000,000 3,105,458 6,345,414 5,550,455 794,959 118,624 108,434 10,190 0

47 INSTINET LLC FCM BD NFA 1/31/2012 126,496,359 2,911,813 123,584,546 0 0 0 0 0 0 0

48 INSTITUTIONAL LIQUIDITY LLC FCMRFD NFA 1/31/2012 20,142,670 20,000,000 142,670 0 0 0 0 0 0 9,424,178

49 INTEGRATED BROKERAGE SERVICES LLC FCM NFA 1/31/2012 1,039,360 1,000,000 39,360 1,058 0 1,058 0 0 0 0

50 INTERACTIVE BROKERS LLC FCM BD NFA 1/31/2012 1,205,957,336 173,014,217 1,032,943,119 1,530,870,388 1,293,752,135 237,118,253 446,206,759 359,452,414 86,754,345 0

51 IRONBEAM INC FCM NFA 1/31/2012 2,707,316 1,000,000 1,707,316 44,643,494 43,269,338 1,374,156 245,990 112,800 133,190 0

52 ITG DERIVATIVES LLC FCM BD NFA 1/31/2012 3,646,817 1,000,000 2,646,817 0 0 0 0 0 0 0

53 JEFFERIES & COMPANY INC FCM BD NFA 1/31/2012 796,438,048 50,462,519 745,975,529 0 0 0 0 0 0 0

54 JEFFERIES BACHE LLC FCM CBOT 1/31/2012 229,974,000 150,690,000 79,284,000 2,498,552,000 2,199,697,000 298,855,000 366,546,000 193,953,000 172,593,000 0

55 JP MORGAN CLEARING CORP FCM BD NFA 1/31/2012 7,220,983,846 2,094,091,512 5,126,892,334 867,415,413 625,844,028 241,571,385 604,063,156 397,646,599 206,416,557 0

56 JP MORGAN SECURITIES LLC FCM BD CEI 1/31/2012 10,420,866,348 1,575,773,004 8,845,093,344 19,456,132,673 17,512,221,913 1,943,910,760 3,997,343,162 3,636,436,533 360,906,629 0

57 LEK SECURITIES CORPORATION FCM BD NFA 1/31/2012 10,195,057 1,500,000 8,695,057 5,399,565 4,702,396 697,169 0 0 0 0

58 LINN GROUP THE FCM NFA 1/31/2012 3,103,665 1,609,992 1,493,673 63,529,470 60,305,948 3,223,522 328,994 202,941 126,053 0

59 LPL FINANCIAL LLC FCM BD NFA 1/31/2012 116,626,083 7,226,495 109,399,588 0 0 0 0 0 0 0

60 MACQUARIE FUTURES USA LLC FCM CBOT 1/31/2012 138,521,666 60,214,229 78,307,437 891,970,002 799,230,225 92,739,777 120,083,451 71,113,116 48,970,335 0

61 MAREX NORTH AMERICA LLC FCM CME 1/31/2012 16,195,629 7,368,715 8,826,914 110,880,458 103,833,927 7,046,531 7,053,677 6,383,966 669,711 0

62 MAREX USA LIMITED FCM NFA 1/31/2012 2,396,631 1,000,000 1,396,631 0 0 0 0 0 0 0

63 MB TRADING FUTURES INC FCMRFD NFA 1/31/2012 24,722,017 21,138,069 3,583,948 0 0 0 0 0 0 32,761,371

64 MBF CLEARING CORP FCM NFA 1/31/2012 2,489,337 1,000,000 1,489,337 688 0 688 0 0 0 0

Futures Commission Merchant / Retail Foreign Exchange 

Dealer
SELECTED FCM FINANCIAL DATA AS OF 

January 31, 2012

FROM REPORTS FILED BY 

March 5, 2012

2 of 3

65 MCVEAN TRADING & INVESTMENTS LLC FCM NFA 1/31/2012 14,121,964 3,117,219 11,004,745 889,084,442 868,563,161 20,521,281 391,789 0 391,789 0

66 MERRILL LYNCH PIERCE FENNER & SMITH FCM BD CBOT 1/31/2012 10,642,318,035 778,155,122 9,864,162,913 8,583,435,395 8,155,947,004 427,488,391 2,642,307,056 2,390,623,741 251,683,315 0

67 MERRILL LYNCH PROFESSIONAL CLEARING CORP FCM BD NFA 1/31/2012 2,154,954,999 181,685,137 1,973,269,862 1,427,971,350 717,316,984 710,654,366 148,643,842 47,493,911 101,149,931 0

68 MID CO COMMODITIES INC FCM NFA 1/31/2012 7,749,139 5,283,106 2,466,033 40,694,092 33,101,565 7,592,527 1,261,202 858,412 402,790 0

69 MITSUBISHI UFJ SECURITIES USA INC FCM BD NFA 1/31/2012 242,142,742 1,660,780 240,481,962 0 0 0 0 0 0 0

70 MITSUI BUSSAN COMMODITIES USA INC FCM NFA 1/31/2012 2,880,697 1,000,000 1,880,697 0 0 0 0 0 0 0

71 MIZUHO SECURITIES USA INC FCM BD CME 1/31/2012 408,112,312 144,788,795 263,323,517 1,132,797,583 1,054,113,184 78,684,399 895,732,387 779,927,254 115,805,133 0

72 MORGAN KEEGAN & COMPANY INC FCM BD NFA 1/31/2012 554,796,546 7,525,004 547,271,542 0 0 0 0 0 0 0

73 MORGAN STANLEY & CO LLC FCM BD CME 1/31/2012 8,329,719,918 1,060,185,416 7,269,534,502 5,480,866,968 5,377,407,321 103,459,647 1,884,262,355 1,781,129,651 103,132,704 0

74 MORGAN STANLEY SMITH BARNEY LLC FCM BD NFA 1/31/2012 957,557,612 36,020,251 921,537,361 503,559,842 461,773,949 41,785,893 1,730,459,472 1,704,308,559 26,150,913 0

75 NATIXIS SECURITIES AMERICAS LLC FCM BD NFA 1/31/2012 351,950,052 1,500,000 350,450,052 0 0 0 0 0 0 0

76 NEUBERGER BERMAN LLC FCM BD NFA 1/31/2012 25,348,889 1,500,000 23,848,889 0 0 0 0 0 0 0

77 NEWEDGE USA LLC FCM BD NYME 1/31/2012 2,296,492,952 1,393,507,794 902,985,158 19,588,813,605 18,706,728,947 882,084,658 6,928,773,364 6,039,729,083 889,044,281 0

78 NOMURA SECURITIES INTERNATIONAL INC FCM BD CBOT 1/31/2012 2,350,554,945 23,627,541 2,326,927,404 90,327,878 65,646,884 24,680,994 1,233,545 208,378 1,025,167 0

79 OANDA CORPORATION FCMRFD NFA 1/31/2012 147,933,420 27,349,099 120,584,321 0 0 0 0 0 0 156,981,987

80 OPEN E CRY LLC FCM NFA 1/31/2012 2,891,733 1,149,931 1,741,802 98,749,437 95,201,883 3,547,554 3,061,273 2,703,768 357,505 0

81 OPPENHEIMER & CO INC FCM BD NFA 1/31/2012 156,537,621 23,077,936 133,459,685 30,875,155 18,683,207 12,191,948 0 0 0 0

82 OPTIONSXPRESS INC FCM BD NFA 1/31/2012 73,013,635 5,447,839 67,565,796 102,966,727 95,368,013 7,598,714 4,133,890 3,296,824 837,066 0

83 PENSON FINANCIAL SERVICES INC FCM BD CBOT 1/31/2012 141,866,188 27,221,154 114,645,034 624,938,472 613,806,301 11,132,171 25,380,410 23,781,881 1,598,529 31,604,509

84 PEREGRINE FINANCIAL GROUP INC FCM NFA 1/31/2012 32,592,493 21,079,244 11,513,249 413,526,092 407,608,597 5,917,495 30,557,934 27,369,913 3,188,021 31,584,890

85 PHILLIP FUTURES INC FCM CME 1/31/2012 9,543,340 2,001,649 7,541,691 61,182,921 52,021,461 9,161,460 0 0 0 0

86 PIONEER FUTURES INC FCM NFA 1/31/2012 2,195,729 1,000,000 1,195,729 0 0 0 0 0 0 0

87 RAND FINANCIAL SERVICES INC FCM CME 1/31/2012 74,422,500 14,996,216 59,426,284 212,078,800 172,333,000 39,745,800 51,738,200 31,136,600 20,601,600 0

88 RAYMOND JAMES & ASSOCIATES INC FCM BD NFA 1/31/2012 397,000,874 30,752,346 366,248,528 0 0 0 0 0 0 0

89 RBC CAPITAL MARKETS LLC FCM BD CME 1/31/2012 1,442,456,042 81,713,621 1,360,742,421 588,487,473 540,236,936 48,250,537 64,777,796 39,165,848 25,611,948 0

90 RBS SECURITIES INC FCM BD CBOT 1/31/2012 3,363,450,662 289,549,210 3,073,901,452 2,405,129,130 2,274,700,318 130,428,812 232,830,680 117,787,782 115,042,898 0

91 RJ OBRIEN ASSOCIATES LLC FCM CME 1/31/2012 205,384,397 136,071,683 69,312,714 3,597,796,703 3,489,259,911 108,536,792 193,781,825 156,326,458 37,455,367 2,272,531

92 ROSENTHAL COLLINS GROUP LLC FCM CME 1/31/2012 82,705,235 67,135,100 15,570,135 1,651,307,922 1,621,281,590 30,026,332 50,128,031 34,634,429 15,493,602 0

93 ROSENTHAL GLOBAL SECURITIES LLC FCM BD NFA 1/31/2012 34,593,097 1,000,000 33,593,097 0 0 0 0 0 0 0

94 SANFORD C BERNSTEIN & CO LLC FCM BD NFA 1/31/2012 121,199,270 15,780,320 105,418,950 0 0 0 0 0 0 0

95 SANTANDER INVESTMENT SECURITIES INC FCM BD NYME 1/31/2012 292,498,467 10,197,546 282,300,921 467,658,862 465,041,808 2,617,054 0 0 0 0

96 STATE STREET GLOBAL MARKETS LLC FCM BD CME 1/31/2012 449,363,596 6,417,032 442,946,564 219,436,287 59,574,012 159,862,275 39,141,175 2,069,951 37,071,224 0

97 STEPHENS INC FCM BD NFA 1/31/2012 84,370,617 14,901,506 69,469,111 0 0 0 0 0 0 0

98 STERLING COMMODITIES CORP FCM NFA 1/31/2012 1,779,838 1,000,000 779,838 0 0 0 0 0 0 0

99 STRAITS FINANCIAL LLC FCM CME 1/31/2012 7,738,132 1,709,137 6,028,995 43,866,632 39,260,498 4,606,134 3,953,756 3,341,780 611,976 0

100 TD AMERITRADE INC FCM BD NFA 1/31/2012 296,595,972 1,000,000 295,595,972 0 0 0 0 0 0 0

101 TENCO INC FCM CBOT 1/31/2012 62,516,854 5,807,872 56,708,982 232,343,766 216,809,292 15,534,474 182,387 55,333 127,054 0

102 TIMBER HILL LLC FCM BD CME 1/31/2012 812,211,401 42,173,392 770,038,009 730,042,612 727,517,594 2,525,018 0 0 0 0

103 TRADELINK LLC FCM BD CBOT 1/31/2012 21,047,127 1,000,000 20,047,127 0 0 0 0 0 0 0

104 TRADESTATION FOREX INC RFED NFA 1/31/2012 22,822,688 22,993,996 (171,308) 0 0 0 0 0 0 69,879,926

105 TRADESTATION SECURITIES INC FCM BD NFA 1/31/2012 50,452,531 3,096,794 47,355,737 440,814,060 430,262,554 10,551,506 11,011,439 10,009,000 1,002,439 0

106 TRADITION SECURITIES AND FUTURES INC FCM NFA 1/31/2012 1,515,857 1,000,000 515,857 0 0 0 0 0 0 0

107 UBS FINANCIAL SERVICES INC FCM BD NFA 1/31/2012 1,179,395,324 121,609,837 1,057,785,487 188,651,731 157,034,783 31,616,948 21,057,410 1,214,721 19,842,689 0

108 UBS SECURITIES LLC FCM BD CBOT 1/31/2012 12,411,574,774 955,201,407 11,456,373,367 9,896,676,705 9,205,424,151 691,252,554 4,948,925,793 4,547,669,841 401,255,952 0

109 VELOCITY FUTURES LLC FCM NFA 1/31/2012 1,091,003 1,000,000 91,003 72,333,222 71,194,767 1,138,455 15,940,273 15,206,853 733,420 0

110 VISION FINANCIAL MARKETS LLC FCM BD CME 1/31/2012 29,079,552 9,470,186 19,609,366 412,776,076 400,069,456 12,706,620 9,532,914 6,632,859 2,900,055 0

111 WELLS FARGO ADVISORS FINANCIAL NETWORK LLC FCM BD NFA 1/31/2012 40,224,404 250,000 39,974,404 0 0 0 0 0 0 0

112 WELLS FARGO ADVISORS LLC FCM BD NFA 1/31/2012 1,471,124,329 1,500,000 1,469,624,329 0 0 0 0 0 0 0

113 WELLS FARGO SECURITIES LLC FCM BD CME 1/31/2012 1,995,307,912 9,594,194 1,985,713,718 0 0 0 0 0 0 0

114 WHITE COMMERCIAL CORPORATION FCM NFA 1/31/2012 2,256,921 1,000,000 1,256,921 0 0 0 0 0 0 0

115 XPRESSTRADE LLC RFED NFA 1/31/2012 22,985,018 20,000,000 2,985,018 0 0 0 0 0 0 1,868,534

116 YORK BUSINESS ASSOCIATES LLC FCM NFA 1/31/2012 1,650,074 1,000,000 650,074 76,411,682 74,177,521 2,234,161 2,073,428 1,717,612 355,816 0

Totals 159,893,055,689 149,423,573,754 10,469,481,935 47,340,081,523 41,878,732,579 5,461,348,944 741,094,312

December Web Page Update 116

Additions 0

Deletions 0

Name Change

None

January Web Page Update 116

(a): FCM: Futures Commission Merchant 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;
SELECTED FCM FINANCIAL DATA AS OF 

January 31, 2012

FROM REPORTS FILED BY 

March 5, 2012

3 of 3

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

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

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

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

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

•  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

•  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 money, securities, and property held in segregated accounts for futures and options customers in compliance with Section 4d of the Commodity Exchange Act.

(f): 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.

(k): 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.

(g): Excess/Deficient funds in segregation is customer assets in segregation, less the customer segregation requirement.

(h): This represents the total amount of money, securities, and property held in secured accounts for futures and options customers who trade on commodity exchanges located outside the United States in compliance with Part 

30 of the Commodity Exchange Act.

(i): 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. 

(j): Excess/Deficient funds in separate Section 30.7 accounts is funds in separate Section 30.7 accounts, less the customer amount Part 30 requirement.