SELECTED FCM FINANCIAL DATA AS OF 

April 30, 2015

FROM REPORTS FILED BY 

May 31, 2015

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A B C D E F G H I J K L M N O P Q R S T U

Futures Commission Merchant / 

Retail Foreign Exchange Dealer

Registered 

As DSRO As ofDate Adjusted Net Capital Net Capital Requirement Excess Net Capital Customers' Assets in Seg

Customers' Seg 

Required 4d(a)(2)

Excess/Deficient 

Funds in Seg

Target Residual 

Interest in Seg

Funds in Separate 

Section 30.7 

Accounts

Customer Amount 

Pt. 30 Required

Excess/Deficient 

Funds in Separate 

Section 30.7 

Accounts

Target Residual 

Interest in Section 

30.7

Funds in Separate 

Cleared Swap 

Segregation

Customer Amount 

Cleared Swap Seg 

Required

Excess/Deficient 

Funds in Cleared 

Swap Seg Accounts

Target Residual 

Interest in Cleared 

Swap Seg

Total Amount of 

Retail Forex 

Obligation

(a) (b) (c) (d) (e) (f) (g) (h) (i) (j) (k) (l) (m) (n) (o) (p) (q)

1 ABN AMRO CLEARING CHICAGO LLC FCM BD CBOT 4/30/2015 616,975,244 195,399,822 421,575,422 3,008,963,415 2,698,281,791 310,681,624 135,367,922 214,798,840 171,478,582 43,320,258 25,721,787 0 0 0 0 0

2 ADM INVESTOR SERVICES INC FCM CBOT 4/30/2015 296,075,371 169,274,674 126,800,697 3,873,779,043 3,614,848,683 258,930,360 120,000,000 233,427,028 174,049,338 59,377,690 20,000,000 12,629,979 1,940,411 10,689,568 8,000,000 0

3 ADVANTAGE FUTURES LLC FCM CME 4/30/2015 24,245,479 16,018,844 8,226,635 551,830,685 538,309,502 13,521,183 9,000,000 31,277,996 29,352,817 1,925,179 1,000,000 0 0 0 0 0

4 AMP GLOBAL CLEARING LLC FCM NFA 4/30/2015 2,663,626 1,500,000 1,163,626 55,678,934 54,052,276 1,626,658 900,000 1,210,967 856,496 354,471 150,000 0 0 0 0 0

5 BARCLAYS CAPITAL INC FCM BD NYME 4/30/2015 6,785,262,482 1,399,294,071 5,385,968,411 6,662,732,922 5,955,930,782 706,802,140 327,576,193 2,888,060,493 2,642,255,908 245,804,585 132,641,247 6,381,416,814 5,510,281,256 871,135,558 197,819,097 0

6 BGC FINANCIAL LP FCM BD NFA 4/30/2015 57,872,753 1,910,328 55,962,425 0 0 0 0 0 0 0 0 0 0 0 0 0

7 BNP PARIBAS PRIME BROKERAGE INC FCM BD NYME 4/30/2015 3,092,514,753 252,768,446 2,839,746,307 2,591,116,932 2,208,543,644 382,573,288 220,854,364 45,575,665 32,547,513 13,028,152 10,000,000 11,120,270 3,016,560 8,103,710 5,000,000 0

8 BNP PARIBAS SECURITIES CORP FCM BD CBOT 4/30/2015 1,619,295,439 232,184,443 1,387,110,996 1,056,815,189 847,901,568 208,913,621 169,580,314 27,666,066 13,310,477 14,355,589 1,331,048 792,910,999 637,431,982 155,479,017 63,743,198 0

9 BOCI COMMODITIES & FUTURES USA LLC FCM CME 4/30/2015 12,628,229 1,000,000 11,628,229 203 0 203 1 184 0 184 1 6 0 6 1 0

10 CANTOR FITZGERALD & CO FCM BD CBOT 4/30/2015 185,615,200 5,028,454 180,586,746 4,969,921 0 4,969,921 3,000,000 0 0 0 0 0 0 0 0 0

11 CHS HEDGING LLC FCM CBOT 4/30/2015 28,568,054 8,929,511 19,638,543 153,744,838 125,981,126 27,763,712 13,100,000 1,625,335 208,351 1,416,984 545,000 651,470 147,375 504,095 310,000 0

12 CITIGROUP GLOBAL MARKETS INC FCM BD SD CBOT/NFA 4/30/2015 6,932,294,887 1,368,902,287 5,563,392,600 7,386,419,755 7,064,722,573 321,697,182 300,200,000 1,035,689,810 855,325,648 180,364,162 150,000,000 6,697,938,123 6,482,502,243 215,435,880 207,375,000 0

13 CREDIT SUISSE SECURITIES (USA) LLC FCM BD CBOT 4/30/2015 7,634,503,444 2,346,632,131 5,287,871,313 9,325,126,896 8,666,950,656 658,176,240 433,347,533 3,871,315,222 2,996,232,511 875,082,711 149,811,626 13,412,125,517 11,450,101,160 1,962,024,357 572,505,058 0

14 CUNNINGHAM COMMODITIES LLC FCM CBOT 4/30/2015 5,356,379 1,253,472 4,102,907 68,275,272 64,175,026 4,100,246 3,050,000 328,428 46,538 281,890 100,000 0 0 0 0 0

15 DAIWA CAPITAL MARKETS AMERICA INC FCM BD CME 4/30/2015 497,969,880 9,000,696 488,969,184 5,456,468 0 5,456,468 1 550,895 0 550,895 1 0 0 0 0 0

16 DEUTSCHE BANK SECURITIES INC FCM BD CBOT 4/30/2015 12,062,159,857 746,327,440 11,315,832,417 3,305,064,046 3,017,210,727 287,853,319 200,000,000 1,067,834,264 850,272,494 217,561,770 150,000,000 2,077,769,819 1,779,012,251 298,757,568 250,000,000 0

17 DORMAN TRADING LLC FCM CME 4/30/2015 9,849,797 2,431,073 7,418,724 173,996,531 169,984,655 4,011,876 2,000,000 4,046,282 3,498,487 547,795 200,000 0 0 0 0 0

18 E D & F MAN CAPITAL MARKETS INC FCM BD CME 4/30/2015 58,114,336 26,374,896 31,739,440 681,834,503 656,199,036 25,635,467 14,000,000 46,530,538 44,049,966 2,480,572 2,000,000 0 0 0 0 0

19 E TRADE CLEARING LLC FCM BD NFA 4/30/2015 781,818,239 180,772,889 601,045,350 56,313,387 42,142,941 14,170,446 10,000,000 1,489,372 480,272 1,009,100 1,000,000 0 0 0 0 0

20 EFL FUTURES LIMITED FCM CME 4/30/2015 34,783,024 13,865,077 20,917,947 197,607,255 184,648,880 12,958,375 5,000,000 0 0 0 0 0 0 0 0 0

21 FCSTONE LLC FCM CME 4/30/2015 125,484,544 67,802,281 57,682,263 1,772,100,077 1,722,992,612 49,107,465 24,000,000 80,325,872 61,931,079 18,394,793 8,000,000 0 0 0 0 0

22 FOREX CAPITAL MARKETS LLC FCMRFD SD NFA 4/30/2015 66,643,999 28,059,968 38,584,031 0 0 0 0 0 0 0 0 0 0 0 0 171,199,357

23 GAIN CAPITAL GROUP LLC FCMRFD NFA 4/30/2015 39,971,290 25,056,620 14,914,670 226,579,683 211,706,335 14,873,348 2,500,000 6,255,383 3,420,224 2,835,159 312,500 0 0 0 0 111,132,398

24 GH FINANCIALS LLC FCM CME 4/30/2015 15,633,226 3,752,877 11,880,349 57,373,855 46,183,005 11,190,850 2,500,000 300,793 1,290 299,503 75,000 0 0 0 0 0

25 GOLDMAN SACHS & CO FCM BD SD CBOT/NFA 4/30/2015 16,250,016,035 2,564,124,780 13,685,891,255 22,136,113,261 21,564,619,330 571,493,931 475,000,000 11,585,382,314 10,871,703,240 713,679,074 475,000,000 3,990,684,693 3,617,901,480 372,783,213 350,000,000 0

26 GOLDMAN SACHS EXECUTION & CLEARING LP FCM BD CME 4/30/2015 1,665,176,632 171,497,909 1,493,678,723 1,229,792,557 549,454,600 680,337,957 540,000,000 71,504,583 21,441,456 50,063,127 40,000,000 0 0 0 0 0

27 HSBC SECURITIES USA INC FCM BD CME 4/30/2015 897,964,295 232,603,014 665,361,281 1,083,928,615 939,705,925 144,222,690 50,000,000 187,680,415 165,452,857 22,227,558 10,000,000 982,994,308 852,189,866 130,804,442 30,000,000 0

28 IBFX INC RFED SD NFA 4/30/2015 36,621,194 21,977,850 14,643,344 0 0 0 0 0 0 0 0 0 0 0 0 47,433,040

29 INTERACTIVE BROKERS LLC FCM BD NFA 4/30/2015 2,193,407,122 298,195,025 1,895,212,097 2,617,714,860 2,397,437,701 220,277,159 155,000,000 649,227,921 544,695,420 104,532,501 80,000,000 0 0 0 0 51,046,279

30 IRONBEAM INC FCM NFA 4/30/2015 2,250,397 1,000,000 1,250,397 41,587,888 40,254,732 1,333,156 800,000 168,654 77,568 91,086 50,000 0 0 0 0 0

31 ITG DERIVATIVES LLC FCM BD NFA 4/30/2015 2,026,388 1,000,000 1,026,388 0 0 0 0 0 0 0 0 0 0 0 0 0

32 JEFFERIES LLC FCM BD CBOT 4/30/2015 934,634,195 102,000,331 832,633,864 1,607,355,540 1,487,219,258 120,136,282 90,000,000 226,903,022 156,070,935 70,832,087 50,000,000 18,444,706 6,107,064 12,337,642 5,000,000 0

33 JP MORGAN CLEARING CORP FCM BD NFA 4/30/2015 7,983,385,872 1,846,114,618 6,137,271,254 928,646,045 700,298,527 228,347,518 63,026,867 576,966,839 390,151,925 186,814,914 35,113,673 250,000 0 250,000 1 0

34 JP MORGAN SECURITIES LLC FCM BD SD CEI/NFA 4/30/2015 15,073,285,058 2,475,335,445 12,597,949,613 19,673,117,092 17,918,812,361 1,754,304,731 1,612,693,113 3,789,966,212 3,266,287,032 523,679,180 293,965,833 7,071,381,001 6,432,028,337 639,352,664 578,882,550 0

35 MACQUARIE FUTURES USA LLC FCM CBOT 4/30/2015 186,024,102 157,057,418 28,966,684 1,931,765,831 1,770,747,838 161,017,993 90,000,000 19,431,910 4,512,950 14,918,960 315,906 22,604,235 4,284,708 18,319,527 299,930 0

36 MAREX NORTH AMERICA LLC FCM CME 4/30/2015 21,363,898 12,797,581 8,566,317 144,564,687 133,782,436 10,782,251 3,500,000 34,382,707 32,895,658 1,487,049 1,000,000 0 0 0 0 0

37 MB TRADING FUTURES INC RFED NFA 4/30/2015 24,793,693 20,413,887 4,379,806 0 0 0 0 0 0 0 0 0 0 0 0 18,277,736

38 MCVEAN TRADING & INVESTMENTS LLC FCM NFA 4/30/2015 13,706,249 4,039,577 9,666,672 948,425,031 927,614,829 20,810,202 18,000,000 2,417,861 0 2,417,861 400,000 0 0 0 0 0

39 MERRILL LYNCH PIERCE FENNER & SMITH INCORPORATED FCM BD CBOT 4/30/2015 10,220,942,307 1,514,959,380 8,705,982,927 12,129,390,508 11,789,022,001 340,368,507 200,000,000 2,947,057,913 2,752,379,892 194,678,021 150,000,000 4,215,837,325 3,892,652,953 323,184,372 150,000,000 0

40 MERRILL LYNCH PROFESSIONAL CLEARING CORP FCM BD NFA 4/30/2015 2,773,270,825 494,486,422 2,278,784,403 1,256,057,048 665,576,031 590,481,017 300,000,000 4,123,594 414,921 3,708,673 1,000,000 0 0 0 0 0

41 MID CO COMMODITIES INC FCM NFA 4/30/2015 8,104,561 2,726,768 5,377,793 31,248,241 23,132,236 8,116,005 5,000,000 0 0 0 0 0 0 0 0 0

42 MINT BROKERS FCM BD NFA 4/30/2015 6,962,505 1,000,000 5,962,505 0 0 0 0 0 0 0 0 0 0 0 0 0

43 MITSUBISHI UFJ SECURITIES USA INC FCM BD NFA 4/30/2015 392,874,121 1,040,381 391,833,740 0 0 0 0 0 0 0 0 0 0 0 0 0

44 MIZUHO SECURITIES USA INC FCM BD SD CME/NFA 4/30/2015 542,819,341 232,314,428 310,504,913 2,688,045,851 2,485,713,932 202,331,919 135,000,000 608,335,294 507,905,689 100,429,605 70,000,000 26,992,870 1,864,598 25,128,272 15,000,000 0

45 MORGAN STANLEY & CO LLC FCM BD SD CME/NFA 4/30/2015 6,810,794,558 1,894,059,848 4,916,734,710 11,706,065,601 11,496,061,305 210,004,296 105,000,000 3,682,573,321 3,467,519,859 215,053,462 105,000,000 7,402,147,496 7,284,064,385 118,083,111 92,000,000 0

46 NANHUA USA LLC FCM CME 4/30/2015 10,413,459 1,000,000 9,413,459 6,686,851 1,685,298 5,001,553 1,000,000 0 0 0 0 0 0 0 0 0

47 NEUBERGER BERMAN LLC FCM BD NFA 4/30/2015 50,209,536 1,500,000 48,709,536 0 0 0 0 0 0 0 0 0 0 0 0 0

48 NOMURA SECURITIES INTERNATIONAL INC FCM BD CBOT 4/30/2015 2,184,165,768 89,311,268 2,094,854,500 268,256,572 203,369,235 64,887,337 15,000,000 16,900,260 172,719 16,727,541 1,000,000 51,803,124 28,620,374 23,182,750 20,000,000 0

49 OANDA CORPORATION FCMRFD NFA 4/30/2015 86,009,507 25,150,463 60,859,044 0 0 0 0 0 0 0 0 0 0 0 0 117,921,523

50 OPTIONSXPRESS INC FCM BD NFA 4/30/2015 128,279,998 7,565,701 120,714,297 108,969,993 73,132,914 35,837,079 7,313,291 3,680,351 1,080,160 2,600,191 108,016 0 0 0 0 0

51 PHILLIP CAPITAL INC FCM CME 4/30/2015 36,277,147 20,000,000 16,277,147 245,316,986 226,154,807 19,162,179 11,307,740 5,435,160 1,528,768 3,906,392 76,438 0 0 0 0 0

52 PICTET OVERSEAS INC FCM BD NFA 4/30/2015 17,143,674 1,000,000 16,143,674 0 0 0 0 0 0 0 0 0 0 0 0 0

53 RAND FINANCIAL SERVICES INC FCM CME 4/30/2015 81,740,586 18,573,893 63,166,693 272,505,400 229,644,200 42,861,200 6,889,300 37,947,100 15,439,500 22,507,600 463,200 0 0 0 0 0

54 RBC CAPITAL MARKETS LLC FCM BD CME 4/30/2015 1,140,862,968 154,885,723 985,977,245 2,076,142,115 1,893,514,871 182,627,244 120,000,000 155,308,429 115,804,717 39,503,712 20,000,000 370,294,929 179,822,392 190,472,537 40,000,000 0

55 RBS SECURITIES INC FCM BD CBOT 4/30/2015 4,967,130,480 131,337,936 4,835,792,544 1,910,554,179 1,733,677,280 176,876,899 125,000,000 197,512,246 72,894,595 124,617,651 100,000,000 0 0 0 0 0

56 RJ OBRIEN ASSOCIATES LLC FCM SD CME/NFA 4/30/2015 198,296,570 140,886,640 57,409,930 4,009,341,826 3,921,828,207 87,513,619 40,000,000 251,806,778 226,541,455 25,265,323 20,000,000 0 0 0 0 1,054,054

57 ROSENTHAL COLLINS GROUP LLC FCM CME 4/30/2015 76,729,613 56,586,171 20,143,442 1,519,848,336 1,493,692,770 26,155,566 18,000,000 33,427,642 21,425,150 12,002,492 8,000,000 0 0 0 0 0

58 SANFORD C BERNSTEIN & CO LLC FCM BD NFA 4/30/2015 167,728,139 25,477,033 142,251,106 0 0 0 0 0 0 0 0 0 0 0 0 0

59 SANTANDER INVESTMENT SECURITIES INC FCM BD NYME 4/30/2015 245,161,001 10,909,844 234,251,157 492,399,836 487,955,750 4,444,086 4,000,000 0 0 0 0 0 0 0 0 0

60 SCOTIA CAPITAL USA INC FCM BD CME 4/30/2015 562,296,320 2,614,812 559,681,508 0 0 0 0 0 0 0 0 0 0 0 0 0

61 SG AMERICAS SECURITIES LLC FCM BD SD CME/NFA 4/30/2015 3,185,956,583 1,061,505,430 2,124,451,153 14,943,852,379 14,097,002,644 846,849,735 500,000,000 3,589,252,323 3,127,310,625 461,941,698 255,000,000 247,211,543 71,172,504 176,039,039 75,000,000 0

62 STATE STREET GLOBAL MARKETS LLC FCM BD CME 4/30/2015 381,235,072 35,111,021 346,124,051 555,198,001 404,243,414 150,954,587 20,212,171 140,647,022 93,192,809 47,454,213 15,000,000 0 0 0 0 0

63 STRAITS FINANCIAL LLC FCM CME 4/30/2015 24,160,342 13,245,046 10,915,296 593,715,930 577,692,044 16,023,886 2,000,000 57,898,123 51,324,119 6,574,004 300,000 0 0 0 0 0

64 TD AMERITRADE FUTURES & FOREX LLC FCM NFA 4/30/2015 54,527,613 11,139,840 43,387,773 203,498,779 140,022,203 63,476,576 18,000,000 0 0 0 0 0 0 0 0 0

65 TD AMERITRADE INC FCM BD NFA 4/30/2015 289,528,495 1,000,000 288,528,495 0 0 0 0 0 0 0 0 0 0 0 0 0

66 TIMBER HILL LLC FCM BD CME 4/30/2015 328,436,943 61,589,299 266,847,644 757,654,745 752,609,583 5,045,162 5,000,000 0 0 0 0 0 0 0 0 0

67 TRADESTATION SECURITIES INC FCM BD CME 4/30/2015 57,613,827 4,256,447 53,357,380 505,275,668 495,131,181 10,144,487 9,000,000 23,561,157 22,349,454 1,211,703 800,000 0 0 0 0 0

68 UBS FINANCIAL SERVICES INC FCM BD NFA 4/30/2015 1,099,365,809 102,848,887 996,516,922 152,033,193 108,251,465 43,781,728 22,000,000 34,785,164 4,530,667 30,254,497 15,000,000 0 0 0 0 0

69 UBS SECURITIES LLC FCM BD CBOT 4/30/2015 6,830,773,135 973,818,822 5,856,954,313 8,788,069,859 7,992,042,293 796,027,566 559,442,960 4,483,383,393 3,994,831,608 488,551,785 400,000,000 1,347,507,335 1,094,920,433 252,586,902 200,000,000 0

70 UOBBF CLEARING LIMITED FCM NFA 4/30/2015 8,372,830 1,000,000 7,372,830 0 0 0 0 0 0 0 0 0 0 0 0 0

71 WEDBUSH SECURITIES INC FCM BD CBOT 4/30/2015 130,107,121 24,628,267 105,478,854 644,277,578 618,970,151 25,307,427 17,750,000 31,295,539 28,015,904 3,279,635 1,000,000 0 0 0 0 44,069,431

72 WELLS FARGO SECURITIES LLC FCM BD CME 4/30/2015 2,270,142,114 415,277,531 1,854,864,583 1,826,342,570 1,605,868,126 220,474,444 125,000,000 249,673,592 171,468,021 78,205,571 30,000,000 3,717,176,172 3,106,242,808 610,933,364 300,000,000 0

73 WHOTRADES FX LLC FCM NFA 4/30/2015 1,770,941 1,000,000 770,941 0 0 0 0 0 0 0 0 0 0 0 0 0

74 XCHANGE FINANCIAL ACCESS LLC FCM BD NFA 4/30/2015 6,901,694 1,755,012 5,146,682 39,639,992 37,313,412 2,326,580 1,750,000 0 0 0 0 0 0 0 0 0

75 YORK BUSINESS ASSOCIATES LLC FCM NFA 4/30/2015 4,890,485 1,000,000 3,890,485 43,036,060 39,384,195 3,651,865 2,000,000 1,887,996 1,641,295 246,701 200,000 0 0 0 0 0

Totals 161,332,215,314 149,913,404,903 11,418,810,411 7,469,661,770 43,258,834,268 38,010,378,959 5,248,455,309 2,831,681,276 58,851,892,734 52,436,305,140 6,415,587,594 3,160,934,835 562,133,818

March Web Page Update 74

Additions 1

SCOTIA CAPITAL USA INC
SELECTED FCM FINANCIAL DATA AS OF 

April 30, 2015

FROM REPORTS FILED BY 

May 31, 2015

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A B C D E F G H I J K L M N O P Q R S T U

Futures Commission Merchant / 

Retail Foreign Exchange Dealer

Registered 

As DSRO As ofDate Adjusted Net Capital Net Capital Requirement Excess Net Capital Customers' Assets in Seg

Customers' Seg 

Required 4d(a)(2)

Excess/Deficient 

Funds in Seg

Target Residual 

Interest in Seg

Funds in Separate 

Section 30.7 

Accounts

Customer Amount 

Pt. 30 Required

Excess/Deficient 

Funds in Separate 

Section 30.7 

Accounts

Target Residual 

Interest in Section 

30.7

Funds in Separate 

Cleared Swap 

Segregation

Customer Amount 

Cleared Swap Seg 

Required

Excess/Deficient 

Funds in Cleared 

Swap Seg Accounts

Target Residual 

Interest in Cleared 

Swap Seg

Total Amount of 

Retail Forex 

Obligation

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Deletions 0

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Name Changes

NONE

April Web Page Update 75

(m): This represents the total amount of money, securities, and property held in cleared swap customer accounts for cleared swap customers in compliance with Section 4d(f) of the Commodity Exchange Act.

(n): This represents the amount of funds an FCM is required to segregate for customers who trade cleared swaps.

(q): 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.

(o): Excess/Deficient funds in cleared swap customer accounts is funds in separate cleared swap segregation accounts, less the cleared swap customer segregation requirement.

(p): This represents the targeted excess of proprietary funds deposited into separate cleared swap segregation accounts above the cleared swap customer segregation requirement. This target amount is set by the firm.

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

(l): This represents the targeted excess of proprietary funds deposited into separate Section 30.7 accounts above the customer amount Part 30 requirement. This target amount is set by the firm.

(h): This represents the targeted excess of proprietary funds deposited into customer segregated accounts above the customer segregation requirement. This target amount is set by the firm.

(i): 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.

(j): 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. 

(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.

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

•  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.

•  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

(b): DSRO: Designated Self-Regulatory Organization. FCM/RFED firms that are dually registered as SDs have two DSROs listed if they have a different DSRO for the FCM/RFED and the SD. The DSRO for the FCM/RFED is listed first and the DSRO for the SD is listed second.

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

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

(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.

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

 SD: The FCM or RFED is also registered with the Commodity Futures Trading Commission as a provisionally registered swap dealer.