SELECTED FCM FINANCIAL DATA AS OF 

November 30, 2014

FROM REPORTS FILED BY 

December 30, 2014

1 of 2

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

33

34

35

36

37

38

39

40

41

42

43

44

45

46

47

48

49

50

51

52

53

54

55

56

57

58

59

60

61

62

63

64

65

66

67

68

69

70

71

72

73

74

75

76

77

78

79

80

81

82

83

84

85

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 11/30/2014 602,663,417 162,589,831 440,073,586 3,277,645,284 2,869,864,380 407,780,904 152,026,338 204,318,905 159,127,278 45,191,627 23,869,092 0 0 0 0 0

2 ADM INVESTOR SERVICES INC FCM CBOT 11/30/2014 298,116,954 158,924,854 139,192,100 3,693,069,788 3,407,039,656 286,030,132 120,000,000 245,428,296 185,940,117 59,488,179 20,000,000 12,716,392 4,009,940 8,706,452 8,000,000 0

3 ADVANTAGE FUTURES LLC FCM CME 11/30/2014 25,464,748 13,881,800 11,582,948 499,185,513 486,651,594 12,533,919 8,500,000 46,136,171 44,245,879 1,890,292 1,000,000 0 0 0 0 0

4 AMP GLOBAL CLEARING LLC FCM NFA 11/30/2014 2,869,391 1,500,000 1,369,391 55,277,875 53,606,183 1,671,692 900,000 1,237,398 889,210 348,188 150,000 0 0 0 0 0

5 BARCLAYS CAPITAL INC FCM BD NYME 11/30/2014 7,143,448,198 1,391,536,394 5,751,911,804 6,588,622,478 6,002,253,851 586,368,627 330,123,961 2,730,887,614 2,544,495,467 186,392,147 127,733,672 6,873,982,801 5,971,155,641 902,827,160 214,364,488 0

6 BGC FINANCIAL LP FCM BD NFA 11/30/2014 46,489,497 1,897,766 44,591,731 0 0 0 0 0 0 0 0 0 0 0 0 0

7 BNP PARIBAS PRIME BROKERAGE INC FCM BD NYME 11/30/2014 3,292,465,114 225,308,432 3,067,156,682 3,423,961,771 3,115,712,740 308,249,031 311,571,274 17,201,880 4,187,343 13,014,537 10,000,000 9,407,460 1,308,938 8,098,522 5,000,000 0

8 BNP PARIBAS SECURITIES CORP FCM BD CBOT 11/30/2014 1,559,157,685 258,168,893 1,300,988,792 1,054,532,591 833,914,628 220,617,963 166,782,926 26,287,634 10,831,473 15,456,161 1,083,147 598,083,287 500,599,747 97,483,540 50,059,975 0

9 BOCI COMMODITIES & FUTURES USA LLC FCM CME 11/30/2014 13,264,459 1,000,000 12,264,459 203 0 203 1 184 0 184 1 6 0 6 1 0

10 CANTOR FITZGERALD & CO FCM BD CBOT 11/28/2014 173,947,659 5,361,500 168,586,159 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 11/30/2014 27,605,453 11,202,379 16,403,074 176,404,193 149,247,722 27,156,471 13,100,000 949,066 218,361 730,705 235,000 1,369,804 687,031 682,773 310,000 0

12 CITIGROUP GLOBAL MARKETS INC FCM BD SD CBOT/NFA 11/30/2014 5,370,724,467 1,100,614,141 4,270,110,326 6,338,560,198 6,017,358,481 321,201,717 259,200,000 1,067,667,650 878,530,032 189,137,618 150,000,000 6,011,561,080 5,433,460,789 578,100,291 207,875,000 0

13 CREDIT SUISSE SECURITIES (USA) LLC FCM BD CBOT 11/30/2014 7,656,964,946 2,398,773,500 5,258,191,446 8,750,818,672 7,887,669,463 863,149,209 394,383,473 3,803,685,139 3,204,711,493 598,973,646 160,235,575 11,521,401,800 9,564,963,603 1,956,438,197 478,248,180 0

14 CUNNINGHAM COMMODITIES LLC FCM CBOT 11/30/2014 5,389,939 1,756,458 3,633,481 72,207,269 68,071,773 4,135,496 3,050,000 433,040 130,820 302,220 100,000 0 0 0 0 0

15 DAIWA CAPITAL MARKETS AMERICA INC FCM BD CME 11/30/2014 474,744,526 8,223,938 466,520,588 5,457,235 0 5,457,235 1 576,905 0 576,905 1 0 0 0 0 0

16 DEUTSCHE BANK SECURITIES INC FCM BD CBOT 11/30/2014 8,986,730,500 749,041,978 8,237,688,522 11,313,734,406 10,487,702,001 826,032,405 500,000,000 1,238,192,712 887,659,106 350,533,606 200,000,000 1,925,737,730 1,592,740,989 332,996,741 250,000,000 0

17 DORMAN TRADING LLC FCM CME 11/30/2014 9,206,009 2,819,887 6,386,122 173,144,104 169,657,489 3,486,615 2,000,000 3,423,713 2,719,269 704,444 200,000 0 0 0 0 0

18 E D & F MAN CAPITAL MARKETS INC FCM BD CME 11/30/2014 48,097,432 19,075,318 29,022,114 606,557,062 584,804,482 21,752,580 9,000,000 40,402,290 38,695,636 1,706,654 1,000,000 0 0 0 0 0

19 E TRADE CLEARING LLC FCM BD NFA 11/30/2014 783,303,586 170,189,249 613,114,337 56,593,762 43,537,851 13,055,911 10,000,000 1,432,305 423,243 1,009,062 1,000,000 0 0 0 0 0

20 EFL FUTURES LIMITED FCM CME 11/30/2014 36,406,008 15,390,807 21,015,201 256,207,446 243,268,725 12,938,721 5,000,000 0 0 0 0 0 0 0 0 0

21 FCSTONE LLC FCM CME 11/30/2014 123,411,540 68,279,884 55,131,656 1,820,966,106 1,783,670,656 37,295,450 26,000,000 79,807,781 59,084,519 20,723,262 15,000,000 0 0 0 0 0

22 FOREX CAPITAL MARKETS LLC FCMRFD SD NFA 11/30/2014 46,008,319 31,424,016 14,584,303 0 0 0 0 0 0 0 0 0 0 0 0 238,480,311

23 FRONTIER FUTURES INC FCM NFA 11/30/2014 1,292,679 1,000,000 292,679 0 0 0 0 0 0 0 0 0 0 0 0 0

24 GAIN CAPITAL GROUP LLC FCMRFD NFA 11/30/2014 34,775,499 24,752,762 10,022,737 207,517,513 194,735,274 12,782,239 2,500,000 5,282,935 2,799,896 2,483,039 312,500 0 0 0 0 105,055,249

25 GH FINANCIALS LLC FCM CME 11/30/2014 11,254,468 2,498,677 8,755,791 39,861,830 37,956,577 1,905,253 575,000 405,853 107,182 298,671 75,000 0 0 0 0 0

26 GOLDMAN SACHS & CO FCM BD SD CBOT/NFA 11/30/2014 13,474,792,408 2,310,860,613 11,163,931,795 20,007,053,325 18,649,214,019 1,357,839,306 475,000,000 11,384,386,540 10,723,886,040 660,500,500 475,000,000 2,915,134,525 2,446,757,067 468,377,458 150,000,000 0

27 GOLDMAN SACHS EXECUTION & CLEARING LP FCM BD CME 11/30/2014 1,567,583,973 174,117,035 1,393,466,938 1,345,895,446 776,536,232 569,359,214 540,000,000 66,464,928 18,103,518 48,361,410 40,000,000 0 0 0 0 0

28 GUGGENHEIM SECURITIES LLC FCM BD NFA 11/30/2014 78,439,098 1,402,117 77,036,981 0 0 0 0 0 0 0 0 0 0 0 0 0

29 HSBC SECURITIES USA INC FCM BD CME 11/30/2014 1,019,742,806 211,479,466 808,263,340 1,632,387,184 1,480,806,400 151,580,784 50,000,000 181,248,532 138,503,004 42,745,528 30,252,544 842,711,400 723,615,240 119,096,160 30,000,000 0

30 IBFX INC RFED SD NFA 11/30/2014 27,808,751 21,929,852 5,878,899 0 0 0 0 0 0 0 0 0 0 0 0 46,362,931

31 INSTITUTIONAL LIQUIDITY LLC FCMRFD NFA 11/30/2014 31,139,208 20,000,000 11,139,208 0 0 0 0 0 0 0 0 0 0 0 0 32,213

32 INTERACTIVE BROKERS LLC FCM BD NFA 11/30/2014 2,617,413,940 399,939,814 2,217,474,126 2,579,011,162 2,353,562,668 225,448,494 155,000,000 440,591,841 340,878,354 99,713,487 80,000,000 0 0 0 0 42,637,167

33 IRONBEAM INC FCM NFA 11/30/2014 2,256,681 1,000,000 1,256,681 41,714,178 40,410,728 1,303,450 800,000 110,959 0 110,959 50,000 0 0 0 0 0

34 ITG DERIVATIVES LLC FCM BD NFA 11/30/2014 2,289,292 1,000,000 1,289,292 0 0 0 0 0 0 0 0 0 0 0 0 0

35 JEFFERIES LLC FCM BD CBOT 11/30/2014 1,024,352,166 111,648,078 912,704,088 2,084,141,668 1,997,523,089 86,618,579 90,000,000 183,730,446 114,429,906 69,300,540 50,000,000 88,665,080 68,025,568 20,639,512 5,000,000 0

36 JP MORGAN CLEARING CORP FCM BD NFA 11/28/2014 7,353,969,886 1,957,258,246 5,396,711,640 954,366,365 604,719,960 349,646,405 54,424,796 609,903,865 416,603,427 193,300,438 37,494,308 250,001 0 250,001 1 0

37 JP MORGAN SECURITIES LLC FCM BD SD CEI/NFA 11/30/2014 8,034,101,931 2,181,486,769 5,852,615,162 21,384,318,729 19,465,824,261 1,918,494,468 1,751,924,184 3,394,525,260 2,947,522,705 447,002,555 265,277,043 5,089,804,483 4,564,923,856 524,880,627 410,843,147 0

38 KCG AMERICAS LLC FCM BD CME 11/30/2014 292,804,492 39,708,402 253,096,090 705,440,218 685,582,414 19,857,804 15,000,000 8,851,217 5,217,511 3,633,706 2,500,000 0 0 0 0 41,845,999

39 LEK SECURITIES CORPORATION FCM BD NFA 11/30/2014 9,910,870 1,500,000 8,410,870 861,881 614,560 247,321 200,000 0 0 0 0 0 0 0 0 0

40 LINN GROUP THE FCM NFA 11/30/2014 1,671,174 1,000,000 671,174 0 0 0 0 0 0 0 0 0 0 0 0 0

41 MACQUARIE FUTURES USA LLC FCM CBOT 11/30/2014 174,007,255 129,330,514 44,676,741 1,646,873,564 1,498,111,835 148,761,729 90,000,000 17,843,732 3,205,355 14,638,377 224,375 22,475,897 4,168,957 18,306,940 291,827 0

42 MAREX NORTH AMERICA LLC FCM CME 11/30/2014 15,523,891 8,796,616 6,727,275 109,167,199 102,989,727 6,177,472 5,149,486 29,681,960 26,688,538 2,993,422 2,668,854 0 0 0 0 0

43 MB TRADING FUTURES INC RFED NFA 11/30/2014 24,565,938 20,643,768 3,922,170 0 0 0 0 0 0 0 0 0 0 0 0 22,875,354

44 MCVEAN TRADING & INVESTMENTS LLC FCM NFA 11/30/2014 13,509,219 2,975,178 10,534,041 961,867,893 941,517,851 20,350,042 18,000,000 2,417,861 0 2,417,861 400,000 0 0 0 0 0

45 MERRILL LYNCH PIERCE FENNER & SMITH FCM BD CBOT 11/30/2014 9,344,906,213 1,276,942,954 8,067,963,259 11,034,483,811 10,756,599,930 277,883,881 200,000,000 3,292,021,894 3,088,724,798 203,297,096 150,000,000 2,928,950,284 2,595,837,040 333,113,244 150,000,000 0

46 MERRILL LYNCH PROFESSIONAL CLEARING CORP FCM BD NFA 11/30/2014 2,553,255,536 489,771,547 2,063,483,989 1,869,357,898 1,223,174,600 646,183,298 300,000,000 4,118,789 413,620 3,705,169 1,000,000 0 0 0 0 0

47 MID CO COMMODITIES INC FCM NFA 11/30/2014 9,840,588 3,967,303 5,873,285 48,787,101 38,649,223 10,137,878 5,000,000 0 0 0 0 0 0 0 0 0

48 MINT BROKERS FCM BD NFA 11/30/2014 9,306,187 1,000,000 8,306,187 0 0 0 0 0 0 0 0 0 0 0 0 0

49 MITSUBISHI UFJ SECURITIES USA INC FCM BD NFA 11/30/2014 390,803,801 1,026,724 389,777,077 0 0 0 0 0 0 0 0 0 0 0 0 0

50 MIZUHO SECURITIES USA INC FCM BD SD CME/NFA 11/30/2014 412,167,374 230,319,857 181,847,517 2,565,961,461 2,367,572,884 198,388,577 150,000,000 714,909,844 613,915,177 100,994,667 80,000,000 73,039,731 47,977,254 25,062,477 20,000,000 0

51 MORGAN STANLEY & CO LLC FCM BD SD CME/NFA 11/30/2014 8,978,220,177 1,664,035,956 7,314,184,221 10,112,705,187 9,905,873,611 206,831,576 105,000,000 2,710,813,903 2,501,396,916 209,416,987 105,000,000 5,757,039,993 5,590,214,435 166,825,558 92,000,000 0

52 NANHUA USA LLC FCM NFA 11/30/2014 7,517,705 1,000,000 6,517,705 0 0 0 0 0 0 0 0 0 0 0 0 0

53 NEUBERGER BERMAN LLC FCM BD NFA 11/30/2014 115,104,702 1,500,000 113,604,702 0 0 0 0 0 0 0 0 0 0 0 0 0

54 NEWEDGE USA LLC FCM BD SD NYME/NFA 11/30/2014 1,797,214,403 969,604,438 827,609,965 13,802,160,230 12,850,746,316 951,413,914 500,000,000 3,747,799,064 3,008,700,514 739,098,550 255,000,000 507,449,941 330,948,684 176,501,257 75,000,000 0

55 NOMURA SECURITIES INTERNATIONAL INC FCM BD CBOT 11/30/2014 1,423,306,605 80,751,608 1,342,554,997 129,872,400 87,648,484 42,223,916 15,000,000 15,264,594 1,187,707 14,076,887 1,000,000 48,243,981 25,209,156 23,034,825 20,000,000 0

56 OANDA CORPORATION FCMRFD NFA 11/30/2014 83,126,546 26,104,387 57,022,159 0 0 0 0 0 0 0 0 0 0 0 0 132,087,732

57 OPTIONSXPRESS INC FCM BD NFA 11/30/2014 124,387,463 6,502,887 117,884,576 107,031,803 77,206,415 29,825,388 7,720,642 2,079,169 892,476 1,186,693 89,248 0 0 0 0 0

58 PHILLIP CAPITAL INC FCM CME 11/30/2014 26,230,604 20,000,000 6,230,604 211,399,446 194,985,454 16,413,992 9,749,273 7,743,354 4,722,651 3,020,703 236,133 0 0 0 0 0

59 RAND FINANCIAL SERVICES INC FCM CME 11/30/2014 80,512,900 17,475,244 63,037,656 286,499,200 242,654,800 43,844,400 7,279,600 30,781,400 9,061,500 21,719,900 271,800 0 0 0 0 0

60 RBC CAPITAL MARKETS LLC FCM BD CME 11/30/2014 1,277,823,452 124,103,122 1,153,720,330 1,343,410,332 1,232,863,006 110,547,326 80,000,000 122,492,455 82,559,579 39,932,876 20,000,000 0 0 0 0 0

61 RBS SECURITIES INC FCM BD CBOT 11/30/2014 5,187,603,866 141,000,475 5,046,603,391 2,205,183,388 2,040,387,654 164,795,734 125,000,000 194,801,659 70,742,357 124,059,302 100,000,000 106,283,882 0 106,283,882 80,000,000 0

62 RJ OBRIEN ASSOCIATES LLC FCM SD CME/NFA 11/30/2014 190,692,721 142,123,065 48,569,656 4,202,202,324 4,120,364,695 81,837,629 40,000,000 196,266,396 173,360,330 22,906,066 20,000,000 0 0 0 0 1,164,603

63 ROSENTHAL COLLINS GROUP LLC FCM CME 11/30/2014 77,210,188 53,682,510 23,527,678 1,451,484,050 1,425,205,016 26,279,034 18,000,000 29,414,963 19,492,824 9,922,139 9,000,000 0 0 0 0 0

64 SANFORD C BERNSTEIN & CO LLC FCM BD NFA 11/30/2014 183,179,076 24,071,546 159,107,530 0 0 0 0 0 0 0 0 0 0 0 0 0

65 SANTANDER INVESTMENT SECURITIES INC FCM BD NYME 11/30/2014 211,655,071 12,137,433 199,517,638 677,390,724 675,046,002 2,344,722 2,000,000 0 0 0 0 0 0 0 0 0

66 STATE STREET GLOBAL MARKETS LLC FCM BD CME 11/30/2014 535,588,109 49,249,836 486,338,273 668,754,675 513,799,946 154,954,729 25,689,997 45,916,430 4,528,694 41,387,736 15,000,000 364,674,164 234,076,546 130,597,618 50,000,000 0

67 STRAITS FINANCIAL LLC FCM CME 11/30/2014 23,939,008 11,664,651 12,274,357 511,246,199 492,673,957 18,572,242 2,000,000 30,699,902 25,562,656 5,137,246 300,000 0 0 0 0 0

68 TD AMERITRADE FUTURES & FOREX LLC FCM NFA 11/28/2014 1,993,037 1,000,000 993,037 0 0 0 0 0 0 0 0 0 0 0 0 0

69 TD AMERITRADE INC FCM BD NFA 11/30/2014 398,638,983 13,095,871 385,543,112 244,620,738 187,716,025 56,904,713 18,000,000 0 0 0 0 0 0 0 0 0

70 TIMBER HILL LLC FCM BD CME 11/30/2014 271,728,385 66,828,281 204,900,104 861,416,600 856,363,045 5,053,555 5,000,000 0 0 0 0 0 0 0 0 0

71 TRADESTATION SECURITIES INC FCM BD NFA 11/30/2014 56,727,630 3,899,602 52,828,028 467,932,618 457,716,329 10,216,289 9,000,000 21,233,546 20,111,347 1,122,199 800,000 0 0 0 0 0

72 UBS FINANCIAL SERVICES INC FCM BD NFA 11/30/2014 1,290,601,381 103,834,690 1,186,766,691 168,255,982 112,456,991 55,798,991 22,000,000 36,615,212 2,989,678 33,625,534 15,000,000 0 0 0 0 0

73 UBS SECURITIES LLC FCM BD CBOT 11/30/2014 7,708,972,173 896,746,155 6,812,226,018 8,059,986,409 7,436,117,357 623,869,052 520,528,215 4,092,214,568 3,618,928,050 473,286,518 400,000,000 1,080,671,649 843,818,682 236,852,967 200,000,000 0

74 VISION FINANCIAL MARKETS LLC FCM BD CME 11/30/2014 35,342,206 13,282,939 22,059,267 422,871,117 411,184,920 11,686,197 8,000,000 10,542,938 7,983,802 2,559,136 1,500,000 0 0 0 0 0

75 WEDBUSH SECURITIES INC FCM BD CBOT 11/30/2014 113,404,791 14,280,131 99,124,660 99,495,091 94,427,914 5,067,177 2,750,000 8,333,005 7,025,089 1,307,916 500,000 0 0 0 0 0

76 WELLS FARGO SECURITIES LLC FCM BD CME 11/30/2014 2,817,801,460 286,431,369 2,531,370,091 1,297,403,028 1,098,332,331 199,070,697 80,000,000 226,618,847 176,292,735 50,326,112 20,000,000 2,350,980,217 1,791,470,577 559,509,640 200,000,000 0

77 WHOTRADES FX LLC FCM NFA 11/30/2014 2,229,917 1,000,000 1,229,917 0 0 0 0 0 0 0 0 0 0 0 0 0

78 XCHANGE FINANCIAL ACCESS LLC FCM BD NFA 11/30/2014 6,648,427 1,256,922 5,391,505 34,091,708 31,933,289 2,158,419 1,750,000 0 0 0 0 0 0 0 0 0

79 YORK BUSINESS ASSOCIATES LLC FCM NFA 11/30/2014 5,166,240 1,000,000 4,166,240 46,156,458 42,407,080 3,749,378 2,000,000 1,779,238 1,511,028 268,210 200,000 0 0 0 0 0

Totals 164,798,554,010 152,008,244,544 12,790,309,466 7,824,679,167 41,375,975,782 36,199,938,210 5,176,037,572 2,890,758,293 49,130,635,588 42,335,969,740 6,794,665,848 2,696,992,619 630,541,559
SELECTED FCM FINANCIAL DATA AS OF 

November 30, 2014

FROM REPORTS FILED BY 

December 30, 2014

2 of 2

1

2

3

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)

86

87

88

89

90

91

92

93

94

95

96

97

98

99

100

101

102

103

104

105

106

107

108

109

110

111

112

113

114

115

116

117

118

119

120

121

122

123

124

125

126

127

128

129

130

131

132

133

134

135

136

137

138

139

140

141

142

October Web Page Update 80

Additions 0

Deletions 1

FXDIRECTDEALER LLC

Name Changes

None

November Web Page Update 79

 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.

(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: 

•  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.

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

(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. 

(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.

(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.