SELECTED FCM FINANCIAL DATA AS OF 

October 31, 2011

FROM REPORTS FILED BY 

November 30, 2011

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 10/31/2011 226,001,851 106,633,746 119,368,105 2,107,076,881 283,923,973 0

2 ADM INVESTOR SERVICES INC FCM CBOT 10/31/2011 260,831,106 131,582,952 129,248,154 2,486,620,013 128,624,730 1,317,141

3 ADVANCED MARKETS LLC FCMRFD NFA 10/31/2011 20,569,804 20,000,000 569,804 0 0 1,435,978

4 ADVANTAGE FUTURES LLC FCM CME 10/31/2011 17,394,002 9,106,355 8,287,647 402,871,623 36,669,799 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 10/31/2011 23,663,458 20,029,908 3,633,550 37,112 0 10,598,154

7 AMERIPRISE FINANCIAL SERVICES INC FCM BD NFA 10/31/2011 128,491,671 1,000,000 127,491,671 0 0 0

8 AMP GLOBAL CLEARING LLC FCM NFA 10/31/2011 1,786,777 1,000,000 786,777 33,537,617 7,908 0

9 BARCLAYS CAPITAL INC FCM BD NYME 10/31/2011 5,932,724,468 988,855,616 4,943,868,852 5,705,209,090 3,292,445,089 0

10 BGC FINANCIAL LP FCM BD NFA 10/31/2011 50,415,734 1,000,000 49,415,734 0 0 0

11 BNP PARIBAS PRIME BROKERAGE INC FCM BD NYME 10/31/2011 2,226,793,415 303,613,607 1,923,179,808 1,397,505,939 589,255,194 0

12 BNP PARIBAS SECURITIES CORP FCM BD CBOT 10/31/2011 2,167,134,978 71,483,481 2,095,651,497 467,336,906 0 0

13 BNY MELLON CLEARING LLC FCM CME 10/31/2011 304,903,337 44,147,075 260,756,262 614,724,947 441,323 0

14 CANTOR FITZGERALD & CO FCM BD CBOT 10/31/2011 289,528,451 11,392,060 278,136,391 3,673,418 0 0

15 CAPITAL MARKET SERVICES LLC FCM NFA 10/31/2011 2,475,389 1,000,000 1,475,389 0 0 0

16 CIBC WORLD MARKETS CORP FCM BD CME 10/31/2011 451,315,417 1,500,000 449,815,417 0 0 0

17 CITADEL SECURITIES LLC FCM BD CME 10/31/2011 424,171,427 1,000,000 423,171,427 0 0 0

18 CITIGROUP GLOBAL MARKETS INC FCM BD CBOT 10/31/2011 7,279,570,019 754,894,923 6,524,675,096 10,148,689,984 1,329,284,799 0

19 COMMONWEALTH FOREIGN EXCHANGE INC FCM NFA 10/31/2011 2,755,863 1,000,000 1,755,863 0 0 0

20 COUNTRY HEDGING INC FCM NFA 10/31/2011 19,546,124 13,748,708 5,797,416 192,880,276 1,722,593 0

21 CREDIT SUISSE SECURITIES (USA) LLC FCM BD CBOT 10/31/2011 7,223,629,784 1,173,668,843 6,049,960,941 6,243,488,159 2,095,589,581 0

22 CROSSLAND LLC FCM CBOT 10/31/2011 10,865,572 2,784,107 8,081,465 70,983,329 23,769,324 0

23 CUNNINGHAM COMMODITIES LLC FCM CBOT 10/31/2011 3,234,369 1,000,000 2,234,369 57,005,599 701,967 0

24 CX CAPITAL MARKETS LLC FCM NFA 10/31/2011 3,531,815 1,000,000 2,531,815 20,928,119 0 0

25 DAIWA CAPITAL MARKETS AMERICA INC FCM BD CME 10/31/2011 308,198,049 2,330,809 305,867,240 6,235,239 0 0

26 DEUTSCHE BANK SECURITIES INC FCM BD CBOT 10/31/2011 8,355,493,656 608,534,259 7,746,959,397 15,136,579,003 1,449,453,015 0

27 DORMAN TRADING LLC FCM CME 10/31/2011 9,700,151 1,000,000 8,700,151 116,143,289 1,890,206 0

28 EAGLE MARKET MAKERS INC FCM CBOT 10/31/2011 6,591,584 1,000,000 5,591,584 513,101 0 0

29 EASY FOREX US LTD FCM NFA 10/31/2011 1,723,596 1,000,000 723,596 0 0 0

30 ENSKILDA FUTURES LTD FCM CME 10/31/2011 31,000,864 21,374,785 9,626,079 402,166,948 0 0

31 FCSTONE LLC FCM CME 10/31/2011 95,250,610 53,858,914 41,391,696 1,293,351,455 27,579,764 0

32 FOREX CAPITAL MARKETS LLC FCMRFD NFA 10/31/2011 32,724,174 26,699,762 6,024,412 0 0 143,995,235

33 FOREX CLUB LLC FCMRFD NFA 10/31/2011 23,753,609 22,000,000 1,753,609 0 0 7,977,471

34 FRIEDBERG MERCANTILE GROUP INC FCM NFA 10/31/2011 3,420,809 1,000,000 2,420,809 12,668,942 1,789,499 0

35 FRONTIER FUTURES INC FCM NFA 10/31/2011 1,930,640 1,017,904 912,736 35,869,341 0 0

36 FUTURES TECH LLC FCM NFA 10/31/2011 1,561,114 1,000,000 561,114 0 0 0

37 FX SOLUTIONS LLC FCMRFD NFA 10/31/2011 43,299,845 20,406,654 22,893,191 0 0 18,133,087

38 FXDIRECTDEALER LLC FCMRFD NFA 10/31/2011 38,774,568 21,135,615 17,638,953 0 0 32,712,310

39 GAIN CAPITAL GROUP LLC FCMRFD NFA 10/31/2011 62,669,515 24,713,690 37,955,825 0 0 104,273,801

40 GLOBAL FUTURES & FOREX LTD FCMRFD NFA 10/31/2011 86,315,948 24,327,640 61,988,308 136,536 227,199 96,552,804

41 GOLDMAN SACHS & CO FCM BD CBOT 10/31/2011 11,828,316,785 2,039,465,392 9,788,851,393 20,346,497,796 9,444,664,108 0

42 GOLDMAN SACHS EXECUTION & CLEARING LP FCM BD CME 10/31/2011 1,814,776,998 128,317,891 1,686,459,107 1,143,170,340 31,824,645 0

43 GUGGENHEIM SECURITIES LLC FCM BD NFA 10/31/2011 55,626,739 3,217,653 52,409,086 0 0 0

Futures Commission Merchant / Retail Foreign Exchange 

Dealer
SELECTED FCM FINANCIAL DATA AS OF 

October 31, 2011

FROM REPORTS FILED BY 

November 30, 2011

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

44 HSBC SECURITIES USA INC FCM BD CME 10/31/2011 1,060,375,147 98,298,842 962,076,305 857,990,476 146,300,839 0

45 ICAP CORPORATES LLC FCM BD NFA 10/31/2011 53,227,396 1,000,000 52,227,396 0 0 0

46 IKON GLOBAL MARKETS INC FCM NFA 10/31/2011 17,819,585 1,000,000 16,819,585 13,226,116 108,434 0

47 INSTINET LLC FCM BD NFA 10/31/2011 119,941,025 1,960,523 117,980,502 0 0 0

48 INSTITUTIONAL LIQUIDITY LLC FCMRFD NFA 10/31/2011 20,464,808 20,000,000 464,808 0 0 8,618,517

49 INTEGRATED BROKERAGE SERVICES LLC FCM NFA 10/31/2011 1,598,834 1,000,000 598,834 0 0 0

50 INTERACTIVE BROKERS LLC FCM BD NFA 10/31/2011 1,259,742,304 161,562,035 1,098,180,269 641,683,621 176,176,990 0

51 INTERBANK FX LLC FCMRFD NFA 10/31/2011 25,029,623 21,059,519 3,970,104 0 0 31,190,383

52 IRONBEAM INC FCM NFA 10/31/2011 3,024,117 1,000,000 2,024,117 40,598,524 109,547 0

53 ITG DERIVATIVES LLC FCM BD NFA 10/31/2011 2,905,315 1,000,000 1,905,315 0 0 0

54 JEFFERIES & COMPANY INC FCM BD NFA 10/31/2011 822,971,310 54,774,674 768,196,636 0 0 0

55 JEFFERIES BACHE LLC FCM CBOT 10/31/2011 248,146,000 175,435,440 72,710,560 2,999,526,000 265,269,000 0

56 JP MORGAN CLEARING CORP FCM BD NFA 10/31/2011 7,163,394,454 2,001,319,885 5,162,074,569 650,292,326 445,824,047 0

57 JP MORGAN SECURITIES LLC FCM BD CEI 10/31/2011 11,597,548,175 1,531,923,063 10,065,625,112 19,170,979,010 2,152,666,687 0

58 LEK SECURITIES CORPORATION FCM BD NFA 10/31/2011 9,679,260 1,500,000 8,179,260 2,560,484 0 0

59 LIMESTONE TRADING LLC FCM NFA 10/31/2011 3,536,634 1,000,000 2,536,634 0 0 0

60 LINN GROUP THE FCM NFA 10/31/2011 2,233,540 1,000,000 1,233,540 38,976,953 210,375 0

61 LPL FINANCIAL LLC FCM BD NFA 10/31/2011 146,103,381 6,511,764 139,591,617 0 0 0

62 MACQUARIE FUTURES USA LLC FCM CBOT 10/31/2011 137,074,799 65,167,671 71,907,128 823,515,435 77,341,240 0

63 MAREX NORTH AMERICA LLC FCM CME 10/31/2011 7,551,589 5,225,213 2,326,376 93,599,070 1,934,700 0

64 MAREX USA LIMITED FCM NFA 10/31/2011 2,359,391 1,000,000 1,359,391 0 0 0

65 MB TRADING FUTURES INC FCMRFD NFA 10/31/2011 25,715,078 21,196,454 4,518,624 0 0 33,929,087

66 MBF CLEARING CORP FCM NYME 10/31/2011 7,991,078 1,000,000 6,991,078 72,153,982 1,366,041 0

67 MCVEAN TRADING & INVESTMENTS LLC FCM NFA 10/31/2011 14,240,267 2,515,368 11,724,899 853,285,791 0 0

68 MERRILL LYNCH PIERCE FENNER & SMITH FCM BD CBOT 10/31/2011 10,309,275,846 807,968,172 9,501,307,674 9,365,678,809 3,000,958,756 0

69 MERRILL LYNCH PROFESSIONAL CLEARING CORP FCM BD NFA 10/31/2011 2,990,115,802 207,899,024 2,782,216,778 791,273,963 50,438,292 0

70 MID CO COMMODITIES INC FCM NFA 10/31/2011 12,569,955 6,147,861 6,422,094 56,248,327 593,780 0

71 MITSUBISHI UFJ SECURITIES USA INC FCM BD NFA 10/31/2011 227,461,993 1,935,158 225,526,835 0 0 0

72 MITSUI BUSSAN COMMODITIES USA INC FCM NFA 10/31/2011 2,932,826 1,000,000 1,932,826 0 0 0

73 MIZUHO SECURITIES USA INC FCM BD CME 10/31/2011 372,486,357 116,902,454 255,583,903 1,190,472,913 553,564,482 0

74 MORGAN KEEGAN & COMPANY INC FCM BD NFA 10/31/2011 464,819,562 7,989,839 456,829,723 0 0 0

75 MORGAN STANLEY & CO LLC FCM BD CME 10/31/2011 8,222,447,926 1,111,138,589 7,111,309,337 5,169,696,486 2,023,346,881 0

76 MORGAN STANLEY SMITH BARNEY LLC FCM BD NFA 10/31/2011 1,487,065,890 39,031,491 1,448,034,399 586,487,438 1,800,215,605 0

77 NATIXIS SECURITIES AMERICAS LLC FCM BD NFA 10/31/2011 290,927,757 1,500,000 289,427,757 0 0 0

78 NEUBERGER BERMAN LLC FCM BD NFA 10/31/2011 81,171,212 1,500,000 79,671,212 0 0 0

79 NEWEDGE USA LLC FCM BD NYME 10/31/2011 2,317,615,636 1,374,185,413 943,430,223 20,833,983,459 6,490,574,527 0

80 NOMURA SECURITIES INTERNATIONAL INC FCM BD CBOT 10/31/2011 2,339,587,684 35,165,632 2,304,422,052 96,620,647 3,846,365 0

81 OANDA CORPORATION FCMRFD NFA 10/31/2011 144,302,538 27,092,217 117,210,321 0 0 151,844,337

82 OPEN E CRY LLC FCM NFA 10/31/2011 3,441,012 1,000,000 2,441,012 82,863,555 2,558,967 0

83 OPPENHEIMER & CO INC FCM BD NFA 10/31/2011 148,085,957 23,127,216 124,958,741 19,536,601 0 0

84 OPTIONSXPRESS INC FCM BD NFA 10/31/2011 78,691,407 6,098,814 72,592,593 84,417,718 2,566,093 0

85 PENSON FINANCIAL SERVICES INC FCM BD CBOT 10/31/2011 182,000,857 29,662,939 152,337,918 618,662,898 46,267,944 0

86 PENSON FUTURES FCM NFA 10/31/2011 1,676,977 1,000,000 676,977 0 0 0
SELECTED FCM FINANCIAL DATA AS OF 

October 31, 2011

FROM REPORTS FILED BY 

November 30, 2011

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

87 PEREGRINE FINANCIAL GROUP INC FCM NFA 10/31/2011 35,523,727 21,161,296 14,362,431 374,554,420 29,011,809 33,225,920

88 PHILLIP FUTURES INC FCM CME 10/31/2011 9,512,550 2,130,732 7,381,818 62,593,384 0 0

89 PIONEER FUTURES INC FCM NFA 10/31/2011 3,115,704 1,000,000 2,115,704 0 0 0

90 RAND FINANCIAL SERVICES INC FCM CME 10/31/2011 74,739,060 15,309,035 59,430,025 148,715,100 32,060,400 0

91 RAYMOND JAMES & ASSOCIATES INC FCM BD NFA 10/31/2011 429,545,663 29,932,935 399,612,728 0 0 0

92 RBC CAPITAL MARKETS LLC FCM BD CME 10/31/2011 1,259,542,088 88,761,213 1,170,780,875 460,524,480 31,754,541 0

93 RBS SECURITIES INC FCM BD CBOT 10/31/2011 3,005,633,082 287,767,904 2,717,865,178 2,411,857,477 111,715,046 0

94 RJ OBRIEN ASSOCIATES LLC FCM CME 10/31/2011 165,499,824 102,328,657 63,171,167 2,576,684,829 86,010,940 2,909,074

95 ROSENTHAL COLLINS GROUP LLC FCM CME 10/31/2011 91,114,837 40,506,802 50,608,035 1,372,387,305 25,233,774 0

96 ROSENTHAL GLOBAL SECURITIES LLC FCM BD NFA 10/31/2011 40,670,249 1,000,000 39,670,249 0 0 0

97 SANFORD C BERNSTEIN & CO LLC FCM BD NFA 10/31/2011 194,745,944 15,363,039 179,382,905 0 0 0

98 SANTANDER INVESTMENT SECURITIES INC FCM BD NYME 10/31/2011 118,906,041 11,528,443 107,377,598 492,027,533 0 0

99 STATE STREET GLOBAL MARKETS LLC FCM BD CME 10/31/2011 418,713,854 9,230,250 409,483,604 38,645,225 1,930,970 0

100 STEPHENS FCM BD NFA 10/31/2011 87,702,262 11,758,942 75,943,320 0 0 0

101 STERLING COMMODITIES CORP FCM NFA 10/31/2011 4,043,007 1,000,000 3,043,007 0 0 0

102 STRAITS FINANCIAL LLC FCM CME 10/31/2011 7,315,564 1,000,000 6,315,564 13,681,636 564,798 0

103 TD AMERITRADE INC FCM BD NFA 10/31/2011 307,267,126 1,000,000 306,267,126 0 0 0

104 TENCO INC FCM CBOT 10/31/2011 62,531,739 6,809,266 55,722,473 235,379,739 0 0

105 TIMBER HILL LLC FCM BD CME 10/31/2011 725,452,245 39,001,187 686,451,058 680,012,588 0 0

106 TOWER RESEARCH CAPITAL EUROPE LLC FCM NFA 10/31/2011 2,243,664 1,000,000 1,243,664 0 0 0

107 TRADELINK LLC FCM BD CBOT 10/31/2011 38,465,328 1,000,000 37,465,328 0 0 0

108 TRADESTATION FOREX INC RFED NFA 10/31/2011 24,590,177 21,485,761 3,104,416 0 0 39,715,216

109 TRADESTATION SECURITIES INC FCM BD NFA 10/31/2011 56,986,489 2,564,301 54,422,188 434,403,192 9,612,093 0

110 TRADITION SECURITIES AND FUTURES INC FCM NFA 10/31/2011 1,537,039 1,000,000 537,039 0 0 0

111 UBS FINANCIAL SERVICES INC FCM BD NFA 10/31/2011 1,307,070,094 120,494,151 1,186,575,943 184,875,859 456,781 0

112 UBS SECURITIES LLC FCM BD CBOT 10/31/2011 11,935,718,310 1,007,568,256 10,928,150,054 9,445,467,218 5,074,465,948 0

113 VELOCITY FUTURES LLC FCM NFA 10/31/2011 1,796,940 1,000,000 796,940 81,576,408 15,099,083 0

114 VISION FINANCIAL MARKETS LLC FCM BD CME 10/31/2011 29,983,742 8,123,826 21,859,916 331,504,313 6,658,540 0

115 WELLS FARGO ADVISORS FINANCIAL NETWORK LLC FCM BD NFA 10/31/2011 33,740,790 5,083,933 28,656,857 0 0 0

116 WELLS FARGO ADVISORS LLC FCM BD NFA 10/31/2011 643,908,920 1,500,000 642,408,920 0 0 0

117 WELLS FARGO SECURITIES LLC FCM BD CME 10/31/2011 1,959,866,968 20,364,986 1,939,501,982 0 0 0

118 WHITE COMMERCIAL CORPORATION FCM NFA 10/31/2011 2,786,886 1,000,000 1,786,886 0 0 0

119 XPRESSTRADE LLC RFED NFA 10/31/2011 22,976,229 20,000,000 2,976,229 0 0 742,078

120 YORK BUSINESS ASSOCIATES LLC FCM NFA 10/31/2011 3,450,385 1,000,000 2,450,385 76,364,835 1,750,898 0

Totals 153,021,487,145 41,408,429,929 719,170,593
SELECTED FCM FINANCIAL DATA AS OF 

October 31, 2011

FROM REPORTS FILED BY 

November 30, 2011

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

September Web Page Update 123

Additions 0

None

Deletions 3

BNP PARIBAS COMMODITY FUTURES INC

ICAP FUTURES LLC

NATIXIS SECURITIES NORTH AMERICA INC

Name Change

NATIXIS BLEICHROEDER LLC to NATIXIS SECURITIES 

AMERICAS LLC

MACQUARIE FUTURES USA INC to MACQUARIE FUTURES 

USA LLC

October Web Page Update 120

•  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

(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. 

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

*Allianz Global Investors Distributors LLC files financial statements quarterly.

(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;

•  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.

(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.