Spreadsheet: 22647283-76df-4da9-8df3-cec2f7d10c79
Sheet: FCM Data May 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 | 2011-05-31 00:00:00 | 208222542 | 118694028 | 89528514 | 2055992855 | 331773040 | 0
2 | ADM INVESTOR SERVICES INC | FCM | CBOT | 2011-05-31 00:00:00 | 294090005 | 155756113 | 138333892 | 2908772351 | 71246982 | 0
3 | ADVANCED MARKETS LLC | RFED | NFA | 2011-05-31 00:00:00 | 20146125 | 20000000 | 146125 | 0 | 0 | 2486558
4 | ADVANTAGE FUTURES LLC | FCM | CME | 2011-05-31 00:00:00 | 21546340 | 11588925 | 9957415 | 413501953 | 39808039 | 0
5 | ALLIANZ GLOBAL INVESTORS DISTRIBUTORS LLC * | FCM BD | NFA | 2011-03-31 00:00:00 | 106652708 | 6172937 | 100479771 | 0 | 0 | 0
6 | [NAME] (US) LLC | RFED | NFA | 2011-05-31 00:00:00 | 25435860 | 20000000 | 5435860 | 0 | 0 | 9965122
7 | AMERIPRISE FINANCIAL SERVICES INC | FCM BD | NFA | 2011-05-31 00:00:00 | 147462286 | 1000000 | 146462286 | 0 | 0 | 0
8 | AMP GLOBAL CLEARING LLC | FCM | NFA | 2011-05-31 00:00:00 | 1450489 | 1000000 | 450489 | 27786630 | 408215 | 0
9 | BARCLAYS CAPITAL INC | FCM BD | NYME | 2011-05-31 00:00:00 | 5379878640 | 838616697 | 4541261943 | 6146030771 | 2327761882 | 0
10 | BGC FINANCIAL LP | FCM BD | NFA | 2011-05-31 00:00:00 | 58405958 | 1000000 | 57405958 | 0 | 0 | 0
11 | BNP PARIBAS COMMODITY FUTURES INC | FCM | NYME | 2011-05-31 00:00:00 | 344683570 | 244355520 | 100328050 | 1425073851 | 531332412 | 0
12 | BNP PARIBAS SECURITIES CORP | FCM BD | CBOT | 2011-05-31 00:00:00 | 1700499040 | 110823123 | 1589675917 | 468804580 | 0 | 0
13 | BNY MELLON CLEARING LLC | FCM | CME | 2011-05-31 00:00:00 | 127410375 | 4957966 | 122452409 | 33220681 | 0 | 0
14 | CANTOR FITZGERALD & CO | FCM BD | CBOT | 2011-05-31 00:00:00 | 151061414 | 7688821 | 143372593 | 830446 | 0 | 0
15 | CAPITAL MARKET SERVICES LLC | RFED | NFA | 2011-05-31 00:00:00 | 2751445 | 1000000 | 1751445 | 0 | 0 | 0
16 | CIBC WORLD MARKETS CORP | FCM BD | CME | 2011-05-31 00:00:00 | 463749010 | 1500000 | 462249010 | 0 | 0 | 0
17 | CITADEL SECURITIES LLC | FCM BD | CME | 2011-05-31 00:00:00 | 393201977 | 1131478 | 392070499 | 0 | 0 | 0
18 | CITIGROUP GLOBAL MARKETS INC | FCM BD | CBOT | 2011-05-31 00:00:00 | 7368873729 | 723449192 | 6645424537 | 11130063056 | 1491614670 | 0
19 | COMMONWEALTH FOREIGN EXCHANGE INC | FCM | NFA | 2011-05-31 00:00:00 | 1830695 | 1000000 | 830695 | 0 | 0 | 0
20 | COMPASS PROFESSIONAL SERVICES LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 3914385 | 1000000 | 2914385 | 0 | 0 | 0
21 | COUNTRY HEDGING INC | FCM | NFA | 2011-05-31 00:00:00 | 27682798 | 22115950 | 5566848 | 290409004 | 116561 | 0
22 | CREDIT SUISSE SECURITIES (USA) LLC | FCM BD | CBOT | 2011-05-31 00:00:00 | 7846490221 | 1130349103 | 6716141118 | 5933744981 | 1864003158 | 0
23 | CROSSLAND LLC | FCM | CBOT | 2011-05-31 00:00:00 | 10812426 | 4938484 | 5873942 | 67724447 | 38529046 | 0
24 | CUNNINGHAM COMMODITIES LLC | FCM | CBOT | 2011-05-31 00:00:00 | 3355742 | 1057916 | 2297826 | 56197361 | 194865 | 0
25 | CX CAPITAL MARKETS LLC | FCM | NFA | 2011-05-31 00:00:00 | 2783273 | 1000000 | 1783273 | 26713332 | 0 | 0
26 | DAIWA CAPITAL MARKETS AMERICA INC | FCM BD | CME | 2011-05-31 00:00:00 | 297376371 | 1419628 | 295956743 | 4570335 | 40979 | 0
27 | DEUTSCHE BANK SECURITIES INC | FCM BD | CBOT | 2011-05-31 00:00:00 | 6689883036 | 736429170 | 5953453866 | 16224918468 | 1385669728 | 0
28 | DORMAN TRADING LLC | FCM | CME | 2011-05-31 00:00:00 | 10160206 | 1000000 | 9160206 | 102137541 | 1628483 | 0
29 | EAGLE MARKET MAKERS INC | FCM | CBOT | 2011-05-31 00:00:00 | 6589646 | 1000000 | 5589646 | 1682649 | 0 | 0
30 | EASY FOREX US LTD | FCM | NFA | 2011-05-31 00:00:00 | 1844916 | 1000000 | 844916 | 0 | 0 | 0
31 | ELECTRONIC BROKERAGE SYSTEMS LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 4497060 | 1000000 | 3497060 | 0 | 0 | 0
32 | ENSKILDA FUTURES LTD | FCM | CME | 2011-05-31 00:00:00 | 30077683 | 19746515 | 10331168 | 301824561 | 0 | 0
33 | FCSTONE LLC | FCM | CME | 2011-05-31 00:00:00 | 101323654 | 71864969 | 29458685 | 1580901694 | 21754631 | 3911524
34 | FOREX CAPITAL MARKETS LLC | RFED | NFA | 2011-05-31 00:00:00 | 73732988 | 26304344 | 47428644 | 0 | 0 | 136086878
35 | FOREX CLUB LLC | RFED | NFA | 2011-05-31 00:00:00 | 20039706 | 20000000 | 39706 | 0 | 0 | 2989895
36 | FRIEDBERG MERCANTILE GROUP INC | FCM | NFA | 2011-05-31 00:00:00 | 3386657 | 1000000 | 2386657 | 9533396 | 1134676 | 0
37 | FRONTIER FUTURES INC | FCM | NFA | 2011-05-31 00:00:00 | 1956828 | 1201231 | 755597 | 37796699 | 0 | 0
38 | FUTURES TECH LLC | FCM | NFA | 2011-05-31 00:00:00 | 1581389 | 1000000 | 581389 | 0 | 0 | 0
39 | FX SOLUTIONS LLC | RFED | NFA | 2011-05-31 00:00:00 | 38509672 | 20383010 | 18126662 | 0 | 0 | 17660196
40 | FXDIRECTDEALER LLC | RFED | NFA | 2011-05-31 00:00:00 | 24396671 | 21382649 | 3014022 | 0 | 0 | 37652988
41 | GAIN CAPITAL GROUP LLC | RFED | NFA | 2011-05-31 00:00:00 | 62623823 | 25066173 | 37557650 | 0 | 0 | 111323464
42 | GLOBAL FUTURES & FOREX LTD | RFED | NFA | 2011-05-31 00:00:00 | 75410487 | 24163573 | 51246914 | 314869 | 226657 | 93271453
43 | GOLDMAN SACHS & CO | FCM BD | CBOT | 2011-05-31 00:00:00 | 11392599979 | 2033657734 | 9358942245 | 21601472109 | 8452110667 | 0
44 | GOLDMAN SACHS EXECUTION & CLEARING LP | FCM BD | CME | 2011-05-31 00:00:00 | 1737923823 | 140048410 | 1597875413 | 1073394125 | 27616125 | 0
45 | HSBC SECURITIES USA INC | FCM BD | CME | 2011-05-31 00:00:00 | 1100471868 | 117245998 | 983225870 | 1114807752 | 96278542 | 0
46 | ICAP CORPORATES LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 43663073 | 1164847 | 42498226 | 0 | 0 | 0
47 | ICAP FUTURES LLC | FCM | NFA | 2011-05-31 00:00:00 | 7254704 | 1000000 | 6254704 | 0 | 0 | 0
48 | IKON GLOBAL MARKETS INC | FCM | NFA | 2011-05-31 00:00:00 | 15531483 | 1000000 | 14531483 | 22233730 | 108434 | 0
49 | INSTINET LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 122362839 | 2739990 | 119622849 | 0 | 0 | 0
50 | INSTITUTIONAL LIQUIDITY LLC | FCM | NFA | 2011-05-31 00:00:00 | 21039353 | 20000000 | 1039353 | 0 | 0 | 20261
51 | INTEGRATED BROKERAGE SERVICES LLC | FCM | NFA | 2011-05-31 00:00:00 | 1619580 | 1000000 | 619580 | 0 | 0 | 0
52 | INTERACTIVE BROKERS LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 1269356039 | 207207869 | 1062148170 | 758065850 | 274058100 | 0
53 | INTERBANK FX LLC | RFED | NFA | 2011-05-31 00:00:00 | 24276657 | 21144697 | 3131960 | 0 | 0 | 32893937
54 | IRONBEAM INC | FCM | NFA | 2011-05-31 00:00:00 | 2988389 | 1135932 | 1852457 | 47109744 | 240612 | 0
55 | ITG DERIVATIVES LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 2775772 | 1000000 | 1775772 | 0 | 0 | 0
56 | JEFFERIES & COMPANY INC | FCM BD | NFA | 2011-05-31 00:00:00 | 738989522 | 86292224 | 652697298 | 0 | 0 | 0
57 | JP MORGAN CLEARING CORP | FCM BD | CME | 2011-05-31 00:00:00 | 6059101939 | 1972656630 | 4086445309 | 562161737 | 423577445 | 0
58 | JP MORGAN FUTURES INC | FCM | NYME | 2011-05-31 00:00:00 | 2540195827 | 1576234383 | 963961444 | 17852593974 | 2742049136 | 0
59 | JP MORGAN SECURITIES LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 8208055108 | 601436191 | 7606618917 | 0 | 0 | 0
60 | LEK SECURITIES CORPORATION | FCM BD | NFA | 2011-05-31 00:00:00 | 8925701 | 1500000 | 7425701 | 719865 | 0 | 0
61 | LIMESTONE TRADING LLC | FCM | NFA | 2011-05-31 00:00:00 | 7647456 | 1000000 | 6647456 | 0 | 0 | 0
62 | LINN GROUP THE | FCM | NFA | 2011-05-31 00:00:00 | 2556740 | 1000000 | 1556740 | 42684200 | 62619 | 0
63 | LPL FINANCIAL LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 89803182 | 6382252 | 83420930 | 0 | 0 | 0
64 | MACQUARIE FUTURES USA INC | FCM | CBOT | 2011-05-31 00:00:00 | 128233139 | 61919062 | 66314077 | 780491109 | 44483742 | 0
65 | MAREX NORTH AMERICA LLC | FCM | CME | 2011-05-31 00:00:00 | 9983473 | 5168064 | 4815409 | 74698731 | 2329875 | 0
66 | MAREX USA LIMITED | FCM | NFA | 2011-05-31 00:00:00 | 2694725 | 1000000 | 1694725 | 0 | 0 | 0
67 | MB TRADING FUTURES INC | RFED | NFA | 2011-05-31 00:00:00 | 24193173 | 21333606 | 2859567 | 0 | 0 | 36672118
68 | MBF CLEARING CORP | FCM | NYME | 2011-05-31 00:00:00 | 8986962 | 1224566 | 7762396 | 75380640 | 3669718 | 0
69 | MCVEAN TRADING & INVESTMENTS LLC | FCM | NFA | 2011-05-31 00:00:00 | 10919132 | 3035957 | 7883175 | 837877784 | 16890 | 0
70 | MERRILL LYNCH PIERCE FENNER & SMITH | FCM BD | CBOT | 2011-05-31 00:00:00 | 10412358125 | 920987059 | 9491371066 | 9957618683 | 2988883390 | 0
71 | MERRILL LYNCH PROFESSIONAL CLEARING CORP | FCM BD | NFA | 2011-05-31 00:00:00 | 2250439301 | 208013666 | 2042425635 | 928463946 | 42095653 | 0
72 | MF GLOBAL INC | FCM BD | CME | 2011-05-31 00:00:00 | 588961934 | 484823249 | 104138685 | 8929524652 | 821291275 | 0
73 | MID CO COMMODITIES INC | FCM | NFA | 2011-05-31 00:00:00 | 15171708 | 8139207 | 7032501 | 80030956 | 0 | 0
74 | MITSUBISHI UFJ SECURITIES USA INC | FCM BD | NFA | 2011-05-31 00:00:00 | 96080019 | 1943923 | 94136096 | 0 | 0 | 0
75 | MITSUI BUSSAN COMMODITIES USA INC | FCM | NFA | 2011-05-31 00:00:00 | 3019632 | 1000000 | 2019632 | 0 | 0 | 0
76 | MIZUHO SECURITIES USA INC | FCM BD | CME | 2011-05-31 00:00:00 | 310041673 | 82848155 | 227193518 | 816835590 | 427206565 | 0
77 | MORGAN KEEGAN & COMPANY INC | FCM BD | NFA | 2011-05-31 00:00:00 | 469307583 | 9513347 | 459794236 | 0 | 0 | 0
78 | MORGAN STANLEY & CO INCORPORATED | FCM BD | CME | 2011-05-31 00:00:00 | 5792553340 | 1150204678 | 4642348662 | 4882879262 | 1968543372 | 0
79 | MORGAN STANLEY SMITH BARNEY LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 1155728498 | 37414077 | 1118314421 | 605339789 | 1551942009 | 0
80 | NATIXIS SECURITIES NORTH AMERICA INC | FCM BD | NFA | 2011-05-31 00:00:00 | 215262570 | 1000000 | 214262570 | 0 | 0 | 0
81 | NEUBERGER BERMAN LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 36646474 | 1500000 | 35146474 | 0 | 0 | 0
82 | NEWEDGE USA LLC | FCM BD | NYME | 2011-05-31 00:00:00 | 2183484630 | 1627641062 | 555843568 | 24703348749 | 6963808690 | 0
83 | NOMURA SECURITIES INTERNATIONAL INC | FCM BD | CBOT | 2011-05-31 00:00:00 | 1776929433 | 33492581 | 1743436852 | 84509987 | 17440430 | 0
84 | OANDA CORPORATION | RFED | NFA | 2011-05-31 00:00:00 | 160776982 | 28293709 | 132483273 | 0 | 0 | 175874183
85 | OPEN E CRY LLC | FCM | NFA | 2011-05-31 00:00:00 | 3200638 | 1282843 | 1917795 | 89678085 | 1108246 | 0
86 | OPPENHEIMER & CO INC | FCM BD | NFA | 2011-05-31 00:00:00 | 159072284 | 24992416 | 134079868 | 24478275 | 0 | 0
87 | OPTIONSXPRESS INC | FCM BD | NFA | 2011-05-31 00:00:00 | 89029815 | 20000000 | 69029815 | 126134509 | 2614619 | 0
88 | PENSON FUTURES | FCM | CBOT | 2011-05-31 00:00:00 | 32217090 | 27807733 | 4409357 | 780792155 | 28441675 | 0
89 | PEREGRINE FINANCIAL GROUP INC | FCM | NFA | 2011-05-31 00:00:00 | 36437050 | 21364129 | 15072921 | 476014852 | 30603087 | 37282588
90 | PHILLIP FUTURES INC | FCM | CME | 2011-05-31 00:00:00 | 11682415 | 1000000 | 10682415 | 989094 | 0 | 0
91 | PIONEER FUTURES INC | FCM | NFA | 2011-05-31 00:00:00 | 3234469 | 1000000 | 2234469 | 0 | 0 | 0
92 | PRUDENTIAL BACHE COMMODITIES LLC | FCM | CBOT | 2011-05-31 00:00:00 | 244475000 | 202790720 | 41684280 | 3347659000 | 229385000 | 12009000
93 | RAND FINANCIAL SERVICES INC | FCM | CME | 2011-05-31 00:00:00 | 71192552 | 19221967 | 51970585 | 239946600 | 22588500 | 0
94 | RAYMOND JAMES & ASSOCIATES INC | FCM BD | NFA | 2011-05-31 00:00:00 | 408281571 | 30226308 | 378055263 | 0 | 0 | 0
95 | RBC CAPITAL MARKETS LLC | FCM BD | CME | 2011-05-31 00:00:00 | 1065084834 | 121973564 | 943111270 | 384392652 | 28806156 | 0
96 | RBS SECURITIES INC | FCM BD | CBOT | 2011-05-31 00:00:00 | 1901156000 | 264366560 | 1636789440 | 1960201000 | 70396000 | 0
97 | RJ OBRIEN ASSOCIATES LLC | FCM | CME | 2011-05-31 00:00:00 | 170794685 | 118301709 | 52492976 | 2826487626 | 65413226 | 4119010
98 | ROSENTHAL COLLINS GROUP LLC | FCM | CME | 2011-05-31 00:00:00 | 71958871 | 51073901 | 20884970 | 1606972597 | 25687401 | 0
99 | ROSENTHAL GLOBAL SECURITIES LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 44928550 | 1000000 | 43928550 | 0 | 0 | 0
100 | SANFORD C BERNSTEIN & CO LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 163303064 | 14464697 | 148838367 | 0 | 0 | 0
101 | SANTANDER INVESTMENT SECURITIES INC | FCM BD | NYME | 2011-05-31 00:00:00 | 201802599 | 18697176 | 183105423 | 533507879 | 0 | 0
102 | STATE STREET GLOBAL MARKETS LLC | FCM BD | CME | 2011-05-31 00:00:00 | 394146278 | 5631723 | 388514555 | 33500834 | 3758222 | 0
103 | STEPHENS | FCM BD | NFA | 2011-05-31 00:00:00 | 81656270 | 13394362 | 68261908 | 0 | 0 | 0
104 | STERLING COMMODITIES CORP | FCM | NYME | 2011-05-31 00:00:00 | 8227141 | 1000000 | 7227141 | 33760239 | 153200 | 0
105 | STRAITS FINANCIAL LLC | FCM | CME | 2011-05-31 00:00:00 | 8990667 | 1000000 | 7990667 | 9708876 | 283 | 0
106 | TCA FUTURES LLC | FCM | NFA | 2011-05-31 00:00:00 | 1580491 | 1000000 | 580491 | 0 | 0 | 0
107 | TD AMERITRADE INC | FCM BD | NFA | 2011-05-31 00:00:00 | 361312106 | 1000000 | 360312106 | 0 | 0 | 0
108 | TENCO INC | FCM | CBOT | 2011-05-31 00:00:00 | 58368362 | 11798734 | 46569628 | 349114197 | 0 | 0
109 | TIMBER HILL LLC | FCM BD | CME | 2011-05-31 00:00:00 | 1059519171 | 47411421 | 1012107750 | 570776355 | 0 | 0
110 | TOWER RESEARCH CAPITAL EUROPE LLC | FCM | NFA | 2011-05-31 00:00:00 | 3784488 | 1000000 | 2784488 | 0 | 0 | 0
111 | TRADELINK LLC | FCM BD | CBOT | 2011-05-31 00:00:00 | 26122358 | 1000000 | 25122358 | 0 | 0 | 0
112 | TRADESTATION FOREX INC. | RFED | NFA | 2011-05-31 00:00:00 | 21658031 | 21136441 | 521590 | 0 | 0 | 32728811
113 | TRADESTATION SECURITIES INC | FCM BD | NFA | 2011-05-31 00:00:00 | 60411601 | 3302718 | 57108883 | 433953897 | 6584554 | 0
114 | TRADITION SECURITIES AND FUTURES INC | FCM | NFA | 2011-05-31 00:00:00 | 1541813 | 1000000 | 541813 | 0 | 0 | 0
115 | TRILAND USA INC | FCM | NYME | 2011-05-31 00:00:00 | 41056804 | 7124165 | 33932639 | 91937437 | 2986373 | 0
116 | UBS FINANCIAL SERVICES INC | FCM BD | NFA | 2011-05-31 00:00:00 | 1312188878 | 97579782 | 1214609096 | 178999657 | 608707 | 0
117 | UBS SECURITIES LLC | FCM BD | CBOT | 2011-05-31 00:00:00 | 11177690647 | 1040849220 | 10136841427 | 12704617903 | 4474970745 | 0
118 | VELOCITY FUTURES LLC | FCM | NFA | 2011-05-31 00:00:00 | 1847782 | 1000000 | 847782 | 62391787 | 16773674 | 0
119 | VISION FINANCIAL MARKETS LLC | FCM BD | CME | 2011-05-31 00:00:00 | 23760389 | 10219800 | 13540589 | 427800255 | 6797358 | 0
120 | WALL STREET DERIVATIVES INC | FCM | NFA | 2011-05-31 00:00:00 | 1512888 | 1000000 | 512888 | 0 | 0 | 0
121 | WELLS FARGO ADVISORS FINANCIAL NETWORK LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 47665766 | 3900882 | 43764884 | 0 | 0 | 0
122 | WELLS FARGO ADVISORS LLC | FCM BD | NFA | 2011-05-31 00:00:00 | 698836809 | 1500000 | 697336809 | 0 | 0 | 0
123 | WELLS FARGO SECURITIES LLC | FCM BD | CME | 2011-05-31 00:00:00 | 1236055630 | 14612893 | 1221442737 | 0 | 0 | 0
124 | WHITE COMMERCIAL CORPORATION | FCM | NFA | 2011-05-31 00:00:00 | 2339091 | 1000000 | 1339091 | 0 | 0 | 0
125 | YORK BUSINESS ASSOCIATES LLC | FCM | NFA | 2011-05-31 00:00:00 | 2711076 | 1000000 | 1711076 | 73130620 | 2076755 | 0
 | Totals
 | April Web Page Update | 126
 | Additions | 0
 | None
 | Deletions | 1
 | IG MARKETS INC
 | Name Change
 | None
 | May Web Page Update | 125
 | *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.
 | (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 or RFED 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.
 | Note:  Any comments regarding information contained in this table may be brought to the attention of the CFTC's Division of Clearing and Intermediary Oversight via e-mail: [EMAIL]