Spreadsheet: 0190e67c-f460-4b00-b2b8-2f57fec30f84
Sheet: FCM Data September 2011

 |  | [NAME] As | DSRO | A/O | Adjusted | Net Capital | Excess | Customers' | Customer | Total Amount
 | Futures Commission Merchant / Retail Foreign Exchange Dealer |  |  | 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 | 2011-09-30 00:00:00 | 224714138 | 112721919 | 111992219 | 1954087903 | 303128066 | 0
2 | ADM INVESTOR SERVICES INC | FCM | CBOT | 2011-09-30 00:00:00 | 262098375 | 126883818 | 135214557 | 2560554701 | 153008982 | 819108
3 | ADVANCED MARKETS LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 20449469 | 20000000 | 449469 | 0 | 0 | 1392951
4 | ADVANTAGE FUTURES LLC | FCM | CME | 2011-09-30 00:00:00 | 19038131 | 10327624 | 8710507 | 392826818 | 35059704 | 0
5 | ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC * | FCM BD | NFA | 2011-09-30 00:00:00 | 76695493 | 3865809 | 72829684 | 0 | 0 | 0
6 | [NAME] (US) LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 25259829 | 20029797 | 5230032 | 41910 | 0 | 10595935
7 | AMERIPRISE FINANCIAL SERVICES INC | FCM BD | NFA | 2011-09-30 00:00:00 | 149569171 | 1000000 | 148569171 | 0 | 0 | 0
8 | AMP GLOBAL CLEARING LLC | FCM | NFA | 2011-09-30 00:00:00 | 1781888 | 1000000 | 781888 | 33497135 | 138572 | 0
9 | BARCLAYS CAPITAL INC | FCM BD | NYME | 2011-09-30 00:00:00 | 5612448727 | 962070973 | 4650377754 | 5412438660 | 2965640865 | 0
10 | BGC FINANCIAL LP | FCM BD | NFA | 2011-09-30 00:00:00 | 64730453 | 1000000 | 63730453 | 0 | 0 | 0
11 | BNP PARIBAS COMMODITY FUTURES INC | FCM | NYME | 2011-09-30 00:00:00 | 374027437 | 230789780 | 143237657 | 1522526707 | 523103792 | 0
12 | BNP PARIBAS PRIME BROKERAGE INC | FCM BD | NFA | 2011-09-30 00:00:00 | 1929495250 | 343835724 | 1585659526 | 0 | 0 | 0
13 | BNP PARIBAS SECURITIES CORP | FCM BD | CBOT | 2011-09-30 00:00:00 | 2112626139 | 94788519 | 2017837620 | 455374132 | 0 | 0
14 | BNY MELLON CLEARING LLC | FCM | CME | 2011-09-30 00:00:00 | 304836891 | 46185858 | 258651033 | 561845235 | 344040 | 0
15 | CANTOR FITZGERALD & CO | FCM BD | CBOT | 2011-09-30 00:00:00 | 326906230 | 6822172 | 320084058 | 2284263 | 0 | 0
16 | CAPITAL MARKET SERVICES LLC | FCM | NFA | 2011-09-30 00:00:00 | 2821003 | 1000000 | 1821003 | 0 | 0 | 0
17 | CIBC WORLD MARKETS CORP | FCM BD | CME | 2011-09-30 00:00:00 | 437138558 | 1500000 | 435638558 | 0 | 0 | 0
18 | CITADEL SECURITIES LLC | FCM BD | CME | 2011-09-30 00:00:00 | 450909242 | 1000000 | 449909242 | 0 | 0 | 0
19 | CITIGROUP GLOBAL MARKETS INC | FCM BD | CBOT | 2011-09-30 00:00:00 | 7113059338 | 707382505 | 6405676833 | 10457452790 | 1301111134 | 0
20 | COMMONWEALTH FOREIGN EXCHANGE INC | FCM | NFA | 2011-09-30 00:00:00 | 1185181 | 1000000 | 185181 | 0 | 0 | 0
21 | COUNTRY HEDGING INC | FCM | NFA | 2011-09-30 00:00:00 | 19531328 | 14243619 | 5287709 | 286206923 | 1697558 | 0
22 | CREDIT SUISSE SECURITIES (USA) LLC | FCM BD | CBOT | 2011-09-30 00:00:00 | 6617011212 | 986168239 | 5630842973 | 6467642281 | 2195333337 | 0
23 | CROSSLAND LLC | FCM | CBOT | 2011-09-30 00:00:00 | 11342360 | 2843551 | 8498809 | 72810745 | 18439010 | 0
24 | CUNNINGHAM COMMODITIES LLC | FCM | CBOT | 2011-09-30 00:00:00 | 3361441 | 1000000 | 2361441 | 56244823 | 66609 | 0
25 | CX CAPITAL MARKETS LLC | FCM | NFA | 2011-09-30 00:00:00 | 3557806 | 1000000 | 2557806 | 20227525 | 0 | 0
26 | DAIWA CAPITAL MARKETS AMERICA INC | FCM BD | CME | 2011-09-30 00:00:00 | 340361833 | 1263909 | 339097924 | 3820839 | 0 | 0
27 | DEUTSCHE BANK SECURITIES INC | FCM BD | CBOT | 2011-09-30 00:00:00 | 7145186507 | 655654325 | 6489532182 | 15085171313 | 1156421745 | 0
28 | DORMAN TRADING LLC | FCM | CME | 2011-09-30 00:00:00 | 9377778 | 1136221 | 8241557 | 105599044 | 1833291 | 0
29 | EAGLE MARKET MAKERS INC | FCM | CBOT | 2011-09-30 00:00:00 | 5566618 | 1000000 | 4566618 | 573312 | 0 | 0
30 | EASY FOREX US LTD | FCM | NFA | 2011-09-30 00:00:00 | 1747161 | 1000000 | 747161 | 0 | 0 | 0
31 | ENSKILDA FUTURES LTD | FCM | CME | 2011-09-30 00:00:00 | 30400463 | 20580300 | 9820163 | 374977855 | 0 | 0
32 | FCSTONE LLC | FCM | CME | 2011-09-30 00:00:00 | 116566044 | 58709765 | 57856279 | 1406630718 | 27189921 | 1053023
33 | FOREX CAPITAL MARKETS LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 43599263 | 26762710 | 16836553 | 0 | 0 | 145254197
34 | FOREX CLUB LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 22274451 | 20000000 | 2274451 | 0 | 0 | 4488081
35 | FRIEDBERG MERCANTILE GROUP INC | FCM | NFA | 2011-09-30 00:00:00 | 3425738 | 1000000 | 2425738 | 11714366 | 2241019 | 0
36 | FRONTIER FUTURES INC | FCM | NFA | 2011-09-30 00:00:00 | 1873284 | 1000000 | 873284 | 38290475 | 0 | 0
37 | FUTURES TECH LLC | FCM | NFA | 2011-09-30 00:00:00 | 1579397 | 1000000 | 579397 | 0 | 0 | 0
38 | FX SOLUTIONS LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 40640393 | 20354174 | 20286219 | 0 | 0 | 17083483
39 | FXDIRECTDEALER LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 36057884 | 21087921 | 14969963 | 0 | 0 | 31758420
40 | GAIN CAPITAL GROUP LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 43887599 | 24424328 | 19463271 | 0 | 0 | 98486559
41 | GLOBAL FUTURES & FOREX LTD | FCMRFD | NFA | 2011-09-30 00:00:00 | 84516802 | 23690665 | 60826137 | 121856 | 227199 | 83813305
42 | GOLDMAN SACHS & CO | FCM BD | CBOT | 2011-09-30 00:00:00 | 10993563678 | 2044033799 | 8949529879 | 19966756718 | 9001865701 | 0
43 | GOLDMAN SACHS EXECUTION & CLEARING LP | FCM BD | CME | 2011-09-30 00:00:00 | 1774619387 | 133800820 | 1640818567 | 1251252870 | 34507450 | 0
44 | GUGGENHEIM SECURITIES LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 38920308 | 2970807 | 35949501 | 0 | 0 | 0
45 | HSBC SECURITIES USA INC | FCM BD | CME | 2011-09-30 00:00:00 | 1041692382 | 97206861 | 944485521 | 972854512 | 122600656 | 0
46 | ICAP CORPORATES LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 45536197 | 1000000 | 44536197 | 0 | 0 | 0
47 | ICAP FUTURES LLC | FCM | NFA | 2011-09-30 00:00:00 | 7023800 | 1000000 | 6023800 | 0 | 0 | 0
48 | IKON GLOBAL MARKETS INC | FCM | NFA | 2011-09-30 00:00:00 | 16150180 | 1000000 | 15150180 | 26148521 | 108434 | 0
49 | INSTINET LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 119981683 | 3361388 | 116620295 | 0 | 0 | 0
50 | INSTITUTIONAL LIQUIDITY LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 20571411 | 20000000 | 571411 | 0 | 0 | 7819830
51 | INTEGRATED BROKERAGE SERVICES LLC | FCM | NFA | 2011-09-30 00:00:00 | 1620466 | 1000000 | 620466 | 0 | 0 | 0
52 | INTERACTIVE BROKERS LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 1212347172 | 161537725 | 1050809447 | 668461905 | 184764141 | 0
53 | INTERBANK FX LLC | FCMRFD | NFA | 2011-09-30 00:00:00 | 25499115 | 21011608 | 4487507 | 0 | 0 | 30232166
54 | IRONBEAM INC | FCM | NFA | 2011-09-30 00:00:00 | 3024992 | 1000000 | 2024992 | 39226644 | 361125 | 0
55 | ITG DERIVATIVES LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 2499823 | 1000000 | 1499823 | 0 | 0 | 0
56 | JEFFERIES & COMPANY INC | FCM BD | NFA | 2011-09-30 00:00:00 | 770894002 | 55427211 | 715466791 | 0 | 0 | 0
57 | JEFFERIES BACHE LLC | FCM | CBOT | 2011-09-30 00:00:00 | 249301000 | 195029280 | 54271720 | 2968806000 | 354904000 | 0
58 | JP MORGAN CLEARING CORP | FCM BD | NFA | 2011-09-30 00:00:00 | 6553865759 | 1828578216 | 4725287543 | 738396076 | 469071367 | 0
59 | JP MORGAN SECURITIES LLC | FCM BD | CEI | 2011-09-30 00:00:00 | 10868772498 | 1530803343 | 9337969155 | 18805233918 | 2412998578 | 0
60 | LEK SECURITIES CORPORATION | FCM BD | NFA | 2011-09-30 00:00:00 | 8781554 | 1500000 | 7281554 | 2898148 | 0 | 0
61 | LIMESTONE TRADING LLC | FCM | NFA | 2011-09-30 00:00:00 | 4518183 | 1000000 | 3518183 | 0 | 0 | 0
62 | LINN GROUP THE | FCM | NFA | 2011-09-30 00:00:00 | 2112577 | 1000000 | 1112577 | 37022093 | 204523 | 0
63 | LPL FINANCIAL LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 126315883 | 6282069 | 120033814 | 0 | 0 | 0
64 | MACQUARIE FUTURES USA INC | FCM | CBOT | 2011-09-30 00:00:00 | 136634136 | 60113290 | 76520846 | 871659404 | 72083465 | 0
65 | MAREX NORTH AMERICA LLC | FCM | CME | 2011-09-30 00:00:00 | 8003194 | 4808383 | 3194811 | 77939248 | 2438811 | 0
66 | MAREX USA LIMITED | FCM | NFA | 2011-09-30 00:00:00 | 2558149 | 1000000 | 1558149 | 0 | 0 | 0
67 | MB TRADING FUTURES INC | FCMRFD | NFA | 2011-09-30 00:00:00 | 26277453 | 21129691 | 5147762 | 0 | 0 | 32593827
68 | MBF CLEARING CORP | FCM | NYME | 2011-09-30 00:00:00 | 8147867 | 1000000 | 7147867 | 58845364 | 6559349 | 0
69 | MCVEAN TRADING & INVESTMENTS LLC | FCM | NFA | 2011-09-30 00:00:00 | 14272921 | 2636861 | 11636060 | 858752201 | 0 | 0
70 | MERRILL LYNCH PIERCE FENNER & SMITH | FCM BD | CBOT | 2011-09-30 00:00:00 | 10825784679 | 864749955 | 9961034724 | 9566303269 | 3323814626 | 0
71 | MERRILL LYNCH PROFESSIONAL CLEARING CORP | FCM BD | NFA | 2011-09-30 00:00:00 | 2813202484 | 170381347 | 2642821137 | 1033485955 | 61725009 | 0
72 | MID CO COMMODITIES INC | FCM | NFA | 2011-09-30 00:00:00 | 12395337 | 6399309 | 5996028 | 100976415 | 94830 | 0
73 | MITSUBISHI UFJ SECURITIES USA INC | FCM BD | NFA | 2011-09-30 00:00:00 | 230252435 | 1379470 | 228872965 | 0 | 0 | 0
74 | MITSUI BUSSAN COMMODITIES USA INC | FCM | NFA | 2011-09-30 00:00:00 | 3006826 | 1000000 | 2006826 | 0 | 0 | 0
75 | MIZUHO SECURITIES USA INC | FCM BD | CME | 2011-09-30 00:00:00 | 388824161 | 91113936 | 297710225 | 753039176 | 497298270 | 0
76 | MORGAN KEEGAN & COMPANY INC | FCM BD | NFA | 2011-09-30 00:00:00 | 456743694 | 8680126 | 448063568 | 0 | 0 | 0
77 | MORGAN STANLEY & CO LLC | FCM BD | CME | 2011-09-30 00:00:00 | 7447589736 | 1120277823 | 6327311913 | 6026946102 | 2074131583 | 0
78 | MORGAN STANLEY SMITH BARNEY LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 1466256531 | 36858904 | 1429397627 | 560410630 | 1840707918 | 0
79 | NATIXIS BLEICHROEDER LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 134330792 | 1500000 | 132830792 | 0 | 0 | 0
80 | NATIXIS SECURITIES NORTH AMERICA INC | FCM BD | NFA | 2011-09-30 00:00:00 | 201089885 | 1000000 | 200089885 | 0 | 0 | 0
81 | NEUBERGER BERMAN LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 69857717 | 1500000 | 68357717 | 0 | 0 | 0
82 | NEWEDGE USA LLC | FCM BD | NYME | 2011-09-30 00:00:00 | 2267907568 | 1375710843 | 892196725 | 20455381452 | 6433999143 | 0
83 | NOMURA SECURITIES INTERNATIONAL INC | FCM BD | CBOT | 2011-09-30 00:00:00 | 2358691262 | 21700402 | 2336990860 | 117026927 | 5147981 | 0
84 | OANDA CORPORATION | FCMRFD | NFA | 2011-09-30 00:00:00 | 151913723 | 26904455 | 125009268 | 0 | 0 | 148089093
85 | OPEN E CRY LLC | FCM | NFA | 2011-09-30 00:00:00 | 3372980 | 1000000 | 2372980 | 79956776 | 2974563 | 0
86 | OPPENHEIMER & CO INC | FCM BD | NFA | 2011-09-30 00:00:00 | 158068531 | 25990709 | 132077822 | 18874137 | 0 | 0
87 | OPTIONSXPRESS INC | FCM BD | NFA | 2011-09-30 00:00:00 | 74125394 | 7171173 | 66954221 | 85357451 | 2379370 | 0
88 | PENSON FINANCIAL SERVICES INC | FCM BD | CBOT | 2011-09-30 00:00:00 | 185430230 | 33232757 | 152197473 | 815318569 | 49864637 | 0
89 | PENSON FUTURES | FCM | NFA | 2011-09-30 00:00:00 | 1723959 | 1000000 | 723959 | 0 | 0 | 0
90 | PEREGRINE FINANCIAL GROUP INC | FCM | NFA | 2011-09-30 00:00:00 | 35936902 | 21160662 | 14776240 | 365591093 | 26017198 | 33213234
91 | PHILLIP FUTURES INC | FCM | CME | 2011-09-30 00:00:00 | 9721239 | 1181824 | 8539415 | 62957390 | 0 | 0
92 | PIONEER FUTURES INC | FCM | NFA | 2011-09-30 00:00:00 | 3081742 | 1000000 | 2081742 | 0 | 0 | 0
93 | RAND FINANCIAL SERVICES INC | FCM | CME | 2011-09-30 00:00:00 | 74346720 | 11304082 | 63042638 | 107206400 | 22217600 | 0
94 | RAYMOND JAMES & ASSOCIATES INC | FCM BD | NFA | 2011-09-30 00:00:00 | 409869062 | 30340222 | 379528840 | 0 | 0 | 0
95 | RBC CAPITAL MARKETS LLC | FCM BD | CME | 2011-09-30 00:00:00 | 1364872815 | 77215026 | 1287657789 | 500657925 | 53055421 | 0
96 | RBS SECURITIES INC | FCM BD | CBOT | 2011-09-30 00:00:00 | 2552556035 | 288050538 | 2264505497 | 2472659073 | 129910349 | 0
97 | RJ OBRIEN ASSOCIATES LLC | FCM | CME | 2011-09-30 00:00:00 | 155323414 | 104529701 | 50793713 | 2507112559 | 88767792 | 3507677
98 | ROSENTHAL COLLINS GROUP LLC | FCM | CME | 2011-09-30 00:00:00 | 66093600 | 42246034 | 23847566 | 1288761434 | 17183223 | 0
99 | ROSENTHAL GLOBAL SECURITIES LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 49108778 | 1000000 | 48108778 | 0 | 0 | 0
100 | SANFORD C BERNSTEIN & CO LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 196990578 | 14133201 | 182857377 | 0 | 0 | 0
101 | SANTANDER INVESTMENT SECURITIES INC | FCM BD | NYME | 2011-09-30 00:00:00 | 122952671 | 12242008 | 110710663 | 401019773 | 0 | 0
102 | STATE STREET GLOBAL MARKETS LLC | FCM BD | CME | 2011-09-30 00:00:00 | 427568275 | 12088534 | 415479741 | 31528199 | 9083302 | 0
103 | STEPHENS | FCM BD | NFA | 2011-09-30 00:00:00 | 87807970 | 9990609 | 77817361 | 0 | 0 | 0
104 | STERLING COMMODITIES CORP | FCM | NFA | 2011-09-30 00:00:00 | 4117047 | 1000000 | 3117047 | 0 | 0 | 0
105 | STRAITS FINANCIAL LLC | FCM | CME | 2011-09-30 00:00:00 | 7194571 | 1000000 | 6194571 | 12413148 | 371979 | 0
106 | TD AMERITRADE INC | FCM BD | NFA | 2011-09-30 00:00:00 | 374906765 | 1000000 | 373906765 | 0 | 0 | 0
107 | TENCO INC | FCM | CBOT | 2011-09-30 00:00:00 | 61540615 | 5817623 | 55722992 | 225443255 | 0 | 0
108 | TIMBER HILL LLC | FCM BD | CME | 2011-09-30 00:00:00 | 665758001 | 46433599 | 619324402 | 752707242 | 0 | 0
109 | TOWER RESEARCH CAPITAL EUROPE LLC | FCM | NFA | 2011-09-30 00:00:00 | 1777488 | 1000000 | 777488 | 0 | 0 | 0
110 | TRADELINK LLC | FCM BD | CBOT | 2011-09-30 00:00:00 | 37556069 | 1000000 | 36556069 | 0 | 0 | 0
111 | TRADESTATION FOREX INC | RFED | NFA | 2011-09-30 00:00:00 | 24573034 | 21426899 | 3146135 | 0 | 0 | 38537987
112 | TRADESTATION SECURITIES INC | FCM BD | NFA | 2011-09-30 00:00:00 | 59608870 | 2577681 | 57031189 | 428045189 | 9678016 | 0
113 | TRADITION SECURITIES AND FUTURES INC | FCM | NFA | 2011-09-30 00:00:00 | 1536824 | 1000000 | 536824 | 0 | 0 | 0
114 | UBS FINANCIAL SERVICES INC | FCM BD | NFA | 2011-09-30 00:00:00 | 1366953714 | 126263433 | 1240690281 | 165691857 | 149248 | 0
115 | UBS SECURITIES LLC | FCM BD | CBOT | 2011-09-30 00:00:00 | 11688865918 | 1022080131 | 10666785787 | 10990729016 | 4796130823 | 0
116 | VELOCITY FUTURES LLC | FCM | NFA | 2011-09-30 00:00:00 | 1846826 | 1000000 | 846826 | 85368441 | 15347248 | 0
117 | VISION FINANCIAL MARKETS LLC | FCM BD | CME | 2011-09-30 00:00:00 | 28621474 | 8214508 | 20406966 | 329967933 | 7833766 | 0
118 | WELLS FARGO ADVISORS FINANCIAL NETWORK LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 56112413 | 2950410 | 53162003 | 0 | 0 | 0
119 | WELLS FARGO ADVISORS LLC | FCM BD | NFA | 2011-09-30 00:00:00 | 897085860 | 1500000 | 895585860 | 0 | 0 | 0
120 | WELLS FARGO SECURITIES LLC | FCM BD | CME | 2011-09-30 00:00:00 | 2069577013 | 25423482 | 2044153531 | 0 | 0 | 0
121 | WHITE COMMERCIAL CORPORATION | FCM | NFA | 2011-09-30 00:00:00 | 2653528 | 1000000 | 1653528 | 0 | 0 | 0
122 | XPRESSTRADE LLC | RFED | NFA | 2011-09-30 00:00:00 | 22900778 | 20000000 | 2900778 | 0 | 0 | 936685
123 | YORK BUSINESS ASSOCIATES LLC | FCM | NFA | 2011-09-30 00:00:00 | 2780968 | 1000000 | 1780968 | 79937203 | 1728848 | 0
 | Totals
 | August Web Page Update | 126
 | Additions | 1
 | NATIXIS BLEICHROEDER LLC
 | Deletions | 4
 | COMPASS PROFESSIONAL SERVICES LLC
 | TCA FUTURES LLC
 | MF GLOBAL INC
 | WALL STREET DERIVATIVES INC
 | Name Change
 | None
 | September Web Page Update | 123
 | *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;
 | 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 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.