SELECTED FCM FINANCIAL DATA AS OF 

December 31, 2011

FROM REPORTS FILED BY 

February 10, 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 12/31/2011 301,490,207 118,881,628 182,608,579 2,030,880,031 1,943,754,590 87,125,441 341,922,030 321,331,438 20,590,592 0

2 ADM INVESTOR SERVICES INC FCM CBOT 12/31/2011 256,605,074 139,920,070 116,685,004 3,171,688,657 2,693,541,222 478,147,435 178,644,406 144,428,402 34,216,004 968,009

3 ADVANCED MARKETS LLC FCMRFD NFA 12/31/2011 20,542,742 20,000,000 542,742 0 0 0 0 0 0 1,753,586

4 ADVANTAGE FUTURES LLC FCM CME 12/31/2011 20,606,735 10,954,082 9,652,653 464,261,449 454,674,547 9,586,902 48,473,826 45,752,328 2,721,498 0

5 ALPARI (US) LLC FCMRFD NFA 12/31/2011 25,397,941 20,033,569 5,364,372 289,073 172,859 116,214 0 0 0 10,671,378

6 AMERIPRISE FINANCIAL SERVICES INC FCM BD NFA 12/31/2011 114,975,113 1,000,000 113,975,113 0 0 0 0 0 0 0

7 AMP GLOBAL CLEARING LLC FCM NFA 12/31/2011 1,804,321 1,000,000 804,321 34,018,145 32,976,199 1,041,946 253,786 1,708 252,078 0

8 BARCLAYS CAPITAL INC FCM BD NYME 12/31/2011 6,415,675,853 994,729,883 5,420,945,970 6,454,489,743 6,261,494,604 192,995,139 3,806,768,201 3,641,099,385 165,668,816 0

9 BGC FINANCIAL LP FCM BD NFA 12/30/2011 59,241,089 1,000,000 58,241,089 0 0 0 0 0 0 0

10 BNP PARIBAS PRIME BROKERAGE INC FCM BD NYME 12/31/2011 2,246,207,500 309,205,095 1,937,002,405 1,605,999,252 1,421,225,772 184,773,480 620,420,851 550,016,044 70,404,807 0

11 BNP PARIBAS SECURITIES CORP FCM BD CBOT 12/31/2011 1,985,533,776 68,162,909 1,917,370,867 409,542,363 344,245,249 65,297,114 0 0 0 0

12 BNY MELLON CLEARING LLC FCM CME 12/31/2011 256,040,725 10,690,002 245,350,723 368,470,283 221,950,763 146,519,520 1,654,342 358,542 1,295,800 0

13 CANTOR FITZGERALD & CO FCM BD CBOT 12/30/2011 284,283,098 5,471,275 278,811,823 4,413,825 3,577,632 836,193 0 0 0 0

14 CAPITAL MARKET SERVICES LLC FCM NFA 12/31/2011 3,029,324 1,000,000 2,029,324 0 0 0 0 0 0 0

15 CIBC WORLD MARKETS CORP FCM BD CME 12/31/2011 500,140,583 1,500,000 498,640,583 0 0 0 0 0 0 0

16 CITADEL SECURITIES LLC FCM BD CME 12/31/2011 460,712,467 1,000,000 459,712,467 0 0 0 0 0 0 0

17 CITIGROUP GLOBAL MARKETS INC FCM BD CBOT 12/31/2011 7,773,386,855 795,170,980 6,978,215,875 10,300,448,963 9,729,904,137 570,544,826 2,181,344,580 1,372,084,530 809,260,050 0

18 COMMONWEALTH FOREIGN EXCHANGE INC FCM NFA 12/31/2011 1,097,600 1,000,000 97,600 0 0 0 0 0 0 0

19 COUNTRY HEDGING INC FCM NFA 12/31/2011 20,279,150 14,157,638 6,121,512 202,565,514 183,027,892 19,537,622 1,028,297 715,546 312,751 0

20 CREDIT SUISSE SECURITIES (USA) LLC FCM BD CBOT 12/31/2011 8,413,793,960 1,083,991,195 7,329,802,765 6,506,294,147 5,854,284,919 652,009,228 2,760,457,844 2,046,845,743 713,612,101 0

21 CROSSLAND LLC FCM CBOT 12/31/2011 9,686,832 4,162,958 5,523,874 92,156,339 86,735,120 5,421,219 34,947,027 33,041,747 1,905,280 0

22 CUNNINGHAM COMMODITIES LLC FCM CBOT 12/31/2011 3,264,255 1,195,925 2,068,330 54,817,188 53,689,648 1,127,540 985,529 883,374 102,155 0

23 CX CAPITAL MARKETS LLC FCM NFA 12/31/2011 3,476,105 1,000,000 2,476,105 26,648,757 24,887,216 1,761,541 0 0 0 0

24 DAIWA CAPITAL MARKETS AMERICA INC FCM BD CME 12/31/2011 300,214,360 1,338,784 298,875,576 11,752,290 7,153,439 4,598,851 1,059,938 0 1,059,938 0

25 DEUTSCHE BANK SECURITIES INC FCM BD CBOT 12/31/2011 8,096,091,854 594,609,558 7,501,482,296 14,724,160,099 14,294,119,334 430,040,765 1,500,562,182 1,201,443,118 299,119,064 0

26 DORMAN TRADING LLC FCM CME 12/31/2011 9,337,433 1,530,480 7,806,953 128,220,260 124,435,416 3,784,844 2,732,850 2,535,993 196,857 0

27 EAGLE MARKET MAKERS INC FCM CBOT 12/30/2011 6,850,265 1,000,000 5,850,265 1,151,762 382,525 769,237 0 0 0 0

28 EASY FOREX US LTD FCM NFA 12/31/2011 1,686,103 1,000,000 686,103 0 0 0 0 0 0 0

29 ENSKILDA FUTURES LTD FCM CME 12/30/2011 38,846,228 20,910,878 17,935,350 343,987,436 339,545,872 4,441,564 0 0 0 0

30 FCSTONE LLC FCM CME 12/31/2011 116,943,999 72,072,902 44,871,097 1,293,557,685 1,263,906,593 29,651,092 95,865,004 68,104,959 27,760,045 0

31 FOREX CAPITAL MARKETS LLC FCMRFD NFA 12/31/2011 31,243,101 26,735,164 4,507,937 0 0 0 0 0 0 144,703,279

32 FOREX CLUB LLC FCMRFD NFA 12/30/2011 22,923,338 22,000,000 923,338 0 0 0 0 0 0 3,461,914

33 FRIEDBERG MERCANTILE GROUP INC FCM NFA 12/31/2011 2,822,365 1,000,000 1,822,365 12,892,449 10,427,063 2,465,386 2,027,940 1,865,568 162,372 0

34 FRONTIER FUTURES INC FCM NFA 12/31/2011 1,921,603 1,000,000 921,603 30,978,193 30,327,894 650,299 0 0 0 0

35 FUTURES TECH LLC FCM NFA 12/31/2011 1,585,137 1,000,000 585,137 0 0 0 0 0 0 0

36 FX SOLUTIONS LLC FCMRFD NFA 12/31/2011 41,409,111 20,376,208 21,032,903 0 0 0 0 0 0 17,524,164

37 FXDIRECTDEALER LLC FCMRFD NFA 12/31/2011 27,886,601 21,286,076 6,600,525 0 0 0 0 0 0 35,721,539

38 GAIN CAPITAL GROUP LLC FCMRFD NFA 12/31/2011 35,700,900 24,629,972 11,070,928 0 0 0 0 0 0 102,599,438

39 GH FINANCIALS LLC FCM CME 12/31/2011 9,316,092 1,000,000 8,316,092 0 0 0 0 0 0 0

40 GLOBAL FUTURES & FOREX LTD FCMRFD NFA 12/31/2011 79,672,867 23,923,758 55,749,109 504,573 104,637 399,936 290,998 211,831 79,167 88,475,168

41 GOLDMAN SACHS & CO FCM BD CBOT 12/31/2011 11,422,646,769 1,908,555,518 9,514,091,251 21,446,768,814 20,909,611,142 537,157,672 9,616,586,541 9,169,341,752 447,244,789 0

42 GOLDMAN SACHS EXECUTION & CLEARING LP FCM BD CME 12/30/2011 2,100,793,132 103,719,471 1,997,073,661 1,370,186,556 772,637,306 597,549,250 71,168,498 27,777,016 43,391,482 0

43 GUGGENHEIM SECURITIES LLC FCM BD NFA 12/31/2011 63,410,030 2,239,836 61,170,194 0 0 0 0 0 0 0

44 HSBC SECURITIES USA INC FCM BD CME 12/31/2011 1,173,678,113 90,170,172 1,083,507,941 964,691,938 921,877,625 42,814,313 137,231,360 110,410,326 26,821,034 0

45 ICAP CORPORATES LLC FCM BD NFA 12/31/2011 52,288,042 1,000,000 51,288,042 0 0 0 0 0 0 0

46 IKON GLOBAL MARKETS INC FCM NFA 12/31/2011 9,069,658 1,000,000 8,069,658 22,429,515 21,635,822 793,693 118,624 108,434 10,190 0

47 INSTINET LLC FCM BD NFA 12/31/2011 131,271,029 1,000,000 130,271,029 0 0 0 0 0 0 0

48 INSTITUTIONAL LIQUIDITY LLC FCMRFD NFA 12/31/2011 20,066,042 20,000,000 66,042 0 0 0 0 0 0 8,804,848

49 INTEGRATED BROKERAGE SERVICES LLC FCM NFA 12/31/2011 1,548,446 1,000,000 548,446 1,058 0 1,058 0 0 0 0

50 INTERACTIVE BROKERS LLC FCM BD NFA 12/30/2011 1,365,792,737 162,429,731 1,203,363,006 1,272,471,045 1,066,138,330 206,332,715 433,542,327 314,717,210 118,825,117 0

51 IRONBEAM INC FCM NFA 12/31/2011 2,954,674 1,000,000 1,954,674 40,543,757 38,841,031 1,702,726 242,612 107,629 134,983 0

52 ITG DERIVATIVES LLC FCM BD NFA 12/31/2011 3,458,875 1,000,000 2,458,875 0 0 0 0 0 0 0

53 JEFFERIES & COMPANY INC FCM BD NFA 12/31/2011 974,771,795 45,832,173 928,939,622 0 0 0 0 0 0 0

54 JEFFERIES BACHE LLC FCM CBOT 12/31/2011 263,593,000 152,201,280 111,391,720 2,404,911,000 2,082,437,000 322,474,000 355,292,000 229,297,000 125,995,000 0

55 JP MORGAN CLEARING CORP FCM BD NFA 12/30/2011 7,429,640,902 1,926,555,296 5,503,085,606 782,180,319 554,033,932 228,146,387 575,871,102 353,971,530 221,899,572 0

56 JP MORGAN SECURITIES LLC FCM BD CEI 12/31/2011 11,100,234,132 1,550,293,455 9,549,940,677 18,845,933,180 16,860,612,204 1,985,320,976 3,784,122,351 3,415,048,460 369,073,891 0

57 LEK SECURITIES CORPORATION FCM BD NFA 12/31/2011 8,362,812 1,500,000 6,862,812 3,758,161 3,175,524 582,637 0 0 0 0

58 LINN GROUP THE FCM NFA 12/31/2011 3,266,504 1,424,926 1,841,578 63,251,537 60,311,062 2,940,475 362,192 187,932 174,260 0

59 LPL FINANCIAL LLC FCM BD NFA 12/31/2011 100,944,413 7,028,023 93,916,390 0 0 0 0 0 0 0

60 MACQUARIE FUTURES USA LLC FCM CBOT 12/31/2011 136,089,702 65,571,296 70,518,406 923,120,481 824,958,286 98,162,195 117,319,472 78,772,331 38,547,141 0

61 MAREX NORTH AMERICA LLC FCM CME 12/31/2011 16,632,577 7,333,084 9,299,493 117,719,886 111,735,282 5,984,604 5,444,590 4,522,804 921,786 0

62 MAREX USA LIMITED FCM NFA 12/31/2011 2,354,140 1,000,000 1,354,140 0 0 0 0 0 0 0

63 MB TRADING FUTURES INC FCMRFD NFA 12/31/2011 25,101,763 21,140,428 3,961,335 0 0 0 0 0 0 32,808,570

64 MBF CLEARING CORP FCM NYME 12/31/2011 6,206,290 1,000,000 5,206,290 59,458,764 57,170,554 2,288,210 3,751,332 2,979,914 771,418 0

Futures Commission Merchant / Retail Foreign Exchange 

Dealer
SELECTED FCM FINANCIAL DATA AS OF 

December 31, 2011

FROM REPORTS FILED BY 

February 10, 2012

2 of 3

65 MCVEAN TRADING & INVESTMENTS LLC FCM NFA 12/30/2011 14,363,892 1,715,160 12,648,732 881,697,960 861,476,789 20,221,171 366,789 0 366,789 0

66 MERRILL LYNCH PIERCE FENNER & SMITH FCM BD CBOT 12/31/2011 10,761,042,594 802,817,760 9,958,224,834 8,856,894,956 8,470,312,161 386,582,795 2,624,556,091 2,329,186,467 295,369,624 0

67 MERRILL LYNCH PROFESSIONAL CLEARING CORP FCM BD NFA 12/31/2011 3,453,901,293 168,048,254 3,285,853,039 1,570,694,970 959,531,733 611,163,237 135,772,023 41,680,658 94,091,365 0

68 MID CO COMMODITIES INC FCM NFA 12/31/2011 12,602,720 5,261,816 7,340,904 39,768,901 32,364,681 7,404,220 953,344 551,338 402,006 0

69 MITSUBISHI UFJ SECURITIES USA INC FCM BD NFA 12/31/2011 246,365,060 1,792,429 244,572,631 0 0 0 0 0 0 0

70 MITSUI BUSSAN COMMODITIES USA INC FCM NFA 12/31/2011 2,872,848 1,000,000 1,872,848 0 0 0 0 0 0 0

71 MIZUHO SECURITIES USA INC FCM BD CME 12/31/2011 425,295,200 118,045,353 307,249,847 991,979,343 887,236,984 104,742,359 925,922,733 826,961,533 98,961,200 0

72 MORGAN KEEGAN & COMPANY INC FCM BD NFA 12/31/2011 546,477,724 7,786,246 538,691,478 0 0 0 0 0 0 0

73 MORGAN STANLEY & CO LLC FCM BD CME 12/31/2011 8,248,535,395 1,033,036,171 7,215,499,224 5,341,062,987 5,238,261,291 102,801,696 2,007,258,334 1,904,866,668 102,391,666 0

74 MORGAN STANLEY SMITH BARNEY LLC FCM BD NFA 12/30/2011 842,942,107 37,425,680 805,516,427 491,268,576 454,848,944 36,419,632 1,573,088,828 1,547,055,263 26,033,565 0

75 NATIXIS SECURITIES AMERICAS LLC FCM BD NFA 12/31/2011 360,313,450 1,500,000 358,813,450 0 0 0 0 0 0 0

76 NEUBERGER BERMAN LLC FCM BD NFA 12/31/2011 101,768,984 1,500,000 100,268,984 0 0 0 0 0 0 0

77 NEWEDGE USA LLC FCM BD NYME 12/31/2011 2,313,980,909 1,338,474,054 975,506,855 18,960,273,362 17,938,746,666 1,021,526,696 6,605,181,851 5,589,335,680 1,015,846,171 0

78 NOMURA SECURITIES INTERNATIONAL INC FCM BD CBOT 12/31/2011 2,455,113,299 20,916,817 2,434,196,482 113,797,621 88,803,938 24,993,683 1,026,037 209,082 816,955 0

79 OANDA CORPORATION FCMRFD NFA 12/31/2011 140,452,807 27,317,817 113,134,990 0 0 0 0 0 0 156,356,338

80 OPEN E CRY LLC FCM NFA 12/31/2011 3,042,332 1,098,670 1,943,662 90,875,654 87,648,664 3,226,990 3,068,710 2,591,213 477,497 0

81 OPPENHEIMER & CO INC FCM BD NFA 12/31/2011 144,404,773 22,650,394 121,754,379 28,672,477 17,107,464 11,565,013 0 0 0 0

82 OPTIONSXPRESS INC FCM BD NFA 12/31/2011 79,533,082 5,408,737 74,124,345 93,142,997 89,053,080 4,089,917 3,129,099 2,783,263 345,836 0

83 PENSON FINANCIAL SERVICES INC FCM BD CBOT 12/31/2011 143,384,895 26,685,879 116,699,016 616,309,511 604,994,304 11,315,207 23,994,327 22,167,907 1,826,420 30,231,575

84 PEREGRINE FINANCIAL GROUP INC FCM NFA 12/31/2011 33,644,888 21,089,332 12,555,556 521,931,442 515,461,805 6,469,637 26,372,206 23,096,720 3,275,486 31,786,635

85 PHILLIP FUTURES INC FCM CME 12/31/2011 9,216,812 1,901,064 7,315,748 62,072,811 53,123,295 8,949,516 0 0 0 0

86 PIONEER FUTURES INC FCM NFA 12/31/2011 2,457,563 1,000,000 1,457,563 0 0 0 0 0 0 0

87 RAND FINANCIAL SERVICES INC FCM CME 12/31/2011 74,546,158 12,116,451 62,429,707 157,833,900 118,344,000 39,489,900 48,583,500 28,121,600 20,461,900 0

88 RAYMOND JAMES & ASSOCIATES INC FCM BD NFA 12/31/2011 362,445,568 30,476,765 331,968,803 0 0 0 0 0 0 0

89 RBC CAPITAL MARKETS LLC FCM BD CME 12/30/2011 1,365,027,475 79,422,101 1,285,605,374 567,519,979 524,467,947 43,052,032 78,389,248 52,031,420 26,357,828 0

90 RBS SECURITIES INC FCM BD CBOT 12/31/2011 3,168,204,462 302,314,113 2,865,890,349 2,406,333,292 2,276,263,452 130,069,840 215,771,507 100,801,289 114,970,218 0

91 RJ OBRIEN ASSOCIATES LLC FCM CME 12/31/2011 201,729,011 126,275,361 75,453,650 3,726,850,200 3,583,945,289 142,904,911 176,267,679 127,962,776 48,304,903 2,971,072

92 ROSENTHAL COLLINS GROUP LLC FCM CME 12/31/2011 91,412,560 63,250,523 28,162,037 1,635,861,204 1,610,207,837 25,653,367 56,035,042 42,050,697 13,984,345 0

93 ROSENTHAL GLOBAL SECURITIES LLC FCM BD NFA 12/31/2011 42,604,041 1,000,000 41,604,041 0 0 0 0 0 0 0

94 SANFORD C BERNSTEIN & CO LLC FCM BD NFA 12/31/2011 111,339,780 15,342,940 95,996,840 0 0 0 0 0 0 0

95 SANTANDER INVESTMENT SECURITIES INC FCM BD NYME 12/30/2011 91,705,651 10,834,166 80,871,485 436,226,804 433,538,897 2,687,907 0 0 0 0

96 STATE STREET GLOBAL MARKETS LLC FCM BD CME 12/31/2011 435,779,624 7,571,402 428,208,222 220,033,829 60,254,565 159,779,264 39,157,455 2,193,482 36,963,973 0

97 STEPHENS INC FCM BD NFA 12/31/2011 86,619,522 15,203,086 71,416,436 0 0 0 0 0 0 0

98 STERLING COMMODITIES CORP FCM NFA 12/31/2011 1,704,395 1,000,000 704,395 0 0 0 0 0 0 0

99 STRAITS FINANCIAL LLC FCM CME 12/31/2011 8,175,117 1,599,809 6,575,308 40,527,360 35,711,991 4,815,369 3,121,108 2,414,040 707,068 0

100 TD AMERITRADE INC FCM BD NFA 12/31/2011 276,307,123 1,000,000 275,307,123 0 0 0 0 0 0 0

101 TENCO INC FCM CBOT 12/31/2011 62,124,914 5,856,029 56,268,885 214,564,486 199,513,315 15,051,171 126,599 0 126,599 0

102 TIMBER HILL LLC FCM BD CME 12/31/2011 826,384,613 35,598,402 790,786,211 606,039,619 603,861,937 2,177,682 0 0 0 0

103 TRADELINK LLC FCM BD CBOT 12/31/2011 29,804,251 1,000,000 28,804,251 0 0 0 0 0 0 0

104 TRADESTATION FOREX INC RFED NFA 12/31/2011 25,235,604 23,076,595 2,159,009 0 0 0 0 0 0 71,531,907

105 TRADESTATION SECURITIES INC FCM BD NFA 12/31/2011 54,719,507 2,544,836 52,174,671 439,657,073 428,424,832 11,232,241 10,847,790 9,856,698 991,092 0

106 TRADITION SECURITIES AND FUTURES INC FCM NFA 12/31/2011 1,515,705 1,000,000 515,705 0 0 0 0 0 0 0

107 UBS FINANCIAL SERVICES INC FCM BD NFA 12/31/2011 1,181,174,373 123,908,672 1,057,265,701 188,183,111 144,068,979 44,114,132 21,023,407 349,721 20,673,686 0

108 UBS SECURITIES LLC FCM BD CBOT 12/31/2011 12,278,665,379 961,345,147 11,317,320,232 9,652,936,288 8,988,413,236 664,523,052 5,246,837,637 4,835,053,453 411,784,184 0

109 VELOCITY FUTURES LLC FCM NFA 12/31/2011 1,675,512 1,000,000 675,512 72,371,355 71,359,917 1,011,438 16,127,162 15,305,856 821,306 0

110 VISION FINANCIAL MARKETS LLC FCM BD CME 12/31/2011 29,815,872 6,784,502 23,031,370 377,436,841 369,760,698 7,676,143 8,108,633 5,008,614 3,100,019 0

111 WELLS FARGO ADVISORS FINANCIAL NETWORK LLC FCM BD NFA 12/31/2011 34,947,904 2,949,721 31,998,183 0 0 0 0 0 0 0

112 WELLS FARGO ADVISORS LLC FCM BD NFA 12/31/2011 1,448,731,415 1,500,000 1,447,231,415 0 0 0 0 0 0 0

113 WELLS FARGO SECURITIES LLC FCM BD CME 12/31/2011 2,015,265,498 7,853,660 2,007,411,838 0 0 0 0 0 0 0

114 WHITE COMMERCIAL CORPORATION FCM NFA 12/30/2011 2,706,910 1,000,000 1,706,910 0 0 0 0 0 0 0

115 XPRESSTRADE LLC RFED NFA 12/31/2011 22,972,452 20,000,000 2,972,452 0 0 0 0 0 0 1,444,758

116 YORK BUSINESS ASSOCIATES LLC FCM NFA 12/31/2011 1,613,629 1,000,000 613,629 75,180,608 73,260,321 1,920,287 2,035,658 1,774,570 261,088 0

Totals 156,069,614,004 145,486,089,254 10,583,524,750 46,533,615,429 40,651,372,602 5,882,242,827 741,814,178

November Web Page Update 118

Additions 0

Deletions 2

ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC

INTERBANK FX LLC (Merged w/Tradestation Forex Inc)

Name Change

STEPHENS to

STEPHENS INC

December Web Page Update 116
SELECTED FCM FINANCIAL DATA AS OF 

December 31, 2011

FROM REPORTS FILED BY 

February 10, 2012

3 of 3

(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;

 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.