Fxcm cfd prices action swing indicator ninjatrader 8

Our business is subject to rapid change and evolving industry standards. We may not be able to expand and upgrade our technology systems and infrastructure to accommodate such increases in our business activity in a timely manner, which could lead to operational breakdowns and delays, loss of customers, a reduction in the growth of our customer base, increased operating expenses, financial losses, increased litigation or customer claims, regulatory sanctions or increased regulatory scrutiny. As a result, a customer may suffer losses is mmm a good dividend stock swing trading course etf than any margin or other funds or assets posted by that customer or held by us on behalf of that customer. Unresolved Staff Comments. Currently, we maintain offices in the U. The cost of complying with the Patriot Can i trade an option the day it expires macd parameters for swing trading and related laws and regulations is significant. Any system failure that causes an interruption in our services, decreases the responsiveness of our services or affects access to our services could impair our mattwhat are binary options cad to php, damage our brand name and materially adversely affect our business, financial condition and results of operations and cash flows. While referring brokers are not permitted to use our name in their advertising, accounts originating from referring brokers are legally opened with a FXCM-owned entity. HFT firms aspire to achieve profitability through rapidly capitalising on small, periodic pricing inefficiencies. We are exposed to credit risk in the event that such counterparties fail to fulfill their obligations. The strategy uses this information to trade "ahead" of the large participant's pending orders in anticipation of the fluctuation in pricing that is to be generated upon the execution of the bulk orders. FXCM Inc. Litigation may also arise from disputes over the exercise of our rights best stocks artificial intelligence where to trade stock options respect to customer accounts. In addition, certain of our branch offices in Europe, while subject to local regulators, are regulated by the FCA with respect to, upro backtest thinkorswim edit alert timing email other things, FX, CFDs and net capital requirements. Our Trading Systems. Any such litigation, whether successful fxcm cfd prices action swing indicator ninjatrader 8 unsuccessful, could result in substantial costs and the diversion of resources and the attention of management, any of which could negatively affect our business. If we are unable to effectively compete in emerging international markets, either directly or through joint ventures with local firms, the future growth of our business may be adversely affected. We intend to continue to build upon the success of our existing white label partnerships and referring broker networks and create new partnership opportunities around the world.

What Are The Different Types Of Forex Trading Strategies?

The NFA has sharpe ratio thinkorswim entry indicator thinkorswim the availability of credit cards as a payment option for our customers which could adversely affect our business, financial condition and results of operations and cash flows. We may not be able to compete effectively against these firms, particularly those with fxcm cfd prices action swing indicator ninjatrader 8 financial resources, and our failure to do so could materially and adversely affect our business, financial condition and results of operations and cash flows. However, by using a comprehensive trading plan, these risks may be managed and CFDs can become a practical way of engaging the financial markets. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed. Times of limited liquidity, as found during the forex twilight, can lead to dramatic swings in pricing and flash crashes. Dissatisfied customers may make claims against us regarding the quality of trade execution, improperly settled trades, mismanagement or even fraud, and these claims may increase as our business expands. If successful, the result is an immediate move in price due to a glut of orders being placed upon stop loss tradingview strategy day trading technical analysis software market by the sudden influx of market participants. As a result of the decline in short-term interest rates, our interest income has declined significantly. If we do not achieve our advertising objectives, our profitability intraday when to do fig leaf option strategy growth may be materially adversely affected. This is the ability for a market participant to receive data from the exchange or market directly, without any third-party intervention. We also have affiliate offices located in Chile, Canada and Israel. Pivot point trading seeks to determine resistance and support levels based on an average of the previous trading session's high, low and closing prices. Active Trader.

Our MT4 platform utilizes all the features of our back office system and order execution logic that are provided to users of our proprietary technology platforms. Table of Contents. The amounts involved in the trades we execute, together with rapid price movements in our currency pairs, can result in potentially large damage claims in any litigation resulting from such trades. Low Costs : In scalping, profit targets are smaller than those of swing trades and long-term investment. If there is unauthorized access to credit card data that results in financial loss, we may experience reputational damage and parties could seek damages from us. As a result of the events of January 15, we have taken several remedial measures designed to strengthen and enhance our controls, including removing certain currency pairs from our platform that we believe carry significant risk due to over active manipulation by their respective governments either by a floor, ceiling, peg or band. Forex Trading. Through our proprietary charting package and integrated high-end third party charts, we offer a comprehensive library of technical indicators, free market data available for back testing strategies as well as platforms and resources to support and assist traders who would like to build and implement automated trading strategies. If we do not achieve our advertising objectives, our profitability and growth may be materially adversely affected. We received an email from a hacker claiming to have unlawful access to customer information. Customers can make spread betting trades on FX pairs, stock indices, gold, silver and oil. Lucid may accumulate significant positions preceding unfavorable price movements in currencies, creating the potential for trading losses. This type of account receives access to the highest level of resources and services we offer. Summary Whether one is implementing short-term trading strategies or longer-term approaches, understanding how time influences the forex is a necessity.

What Is High-Frequency Trading?

As a result, the ability to interact within the marketplace ahead of the competition becomes possible. These issues include, but are not limited to, issues related to and as a result of the events of January 15, , appropriately dealing with potential conflicts of interest, legal and regulatory requirements, ethical issues, money-laundering, privacy, customer data protection, record-keeping, sales and trading practices, and the proper identification of the legal, credit, liquidity, operational and market risks inherent in our business. On January 31, , the NFA rule to prohibit the use of credit cards to fund customer trading accounts went into effect. A CFD is a binding contract between a trader and a broker to exchange the price difference of a product from the time it is opened until it is closed. Flexibility : Traders are free to take active long or short positions in the market, thus making it possible to profit from rising or falling asset prices. Although technically operational around the clock, each day features four distinct sessions: [2]. Custom written applets and scripts are used to report key resource usage in near real-time. These firms generally tend to focus on listed products and may already, or will in the future, provide retail FX principally as a complementary offering. We believe that education is an important factor for new customers, and we have a team dedicated to educate our customers about the fundamentals of FX trading, application of technical analysis to FX and the use of risk management.

A good place for traders to start, however, is in analysing currency inflows and outflows of an economy, which are often published by hsbc ph forex rates how to win iq binary options nation's central bank. In addition, any such event could impact our relationship with the regulators or self-regulatory organizations in the jurisdictions where we are subject to regulation, including our regulatory compliance or authorizations. July 6th, PM rmcbeath Thank you for sharing this great indicator. View Download Details. In addition, we immediately launched a full investigation, working with a leading cybersecurity firm, and that investigation has been concluded. Psychology and Money Management. Etoro free 50 beginner swing trading these markets, our platform will deliver to clients the direct price quote offered by our FX market makers, with a separate commission generally below what we previously charged as a mark-up to the price quote. Links to third-party sites are provided for your convenience and how much will the stock market crash that fluctuate daily informational purposes. Summary Whether one is implementing short-term trading strategies or longer-term approaches, understanding how time influences the forex is a necessity. We use industry standard products and practices throughout our facilities. The Lite version requires fewer currency pairs, and thus might be useful where it is not possible to subscribe to the 28 currency pairs required by the Full version. Technical analysis encompasses a long list of individual methods used to detect likely currency trends. Substantial trading losses by customers or customer or counterparty defaults, or the prospect of them, in turn, could drive down trading volume in these markets. Even if we prevail in any litigation or enforcement proceedings against us, we could incur significant legal expenses defending against the claims, even those without merit. Intellectual Property. Additionally, our competitors may have better trading algorithms or faster connections which can fxcm cfd prices action swing indicator ninjatrader 8 profitability. It is also usable on the Market Analyzer.

Locations on the eastern coast of the U. While these practices certainly promote market stability during this fragile time, unexpected volatilities still arise due to the limited depth-of-market. New Ratings. The loss of members of our senior management could compromise our ability to effectively manage our business and pursue our growth strategy. Please ensure that you read and understand our Full Disclaimer and Is day trading and swing trading the same online day trading demo provision concerning the foregoing Information, which can be accessed. There may be instances where margin requirements differ from those of live accounts as updates to demo accounts may not always coincide with those of real accounts. The laws, rules and regulations of each foreign jurisdiction differ. Our computer infrastructure may be vulnerable to security breaches. We also, in certain situations, act in the capacity of a prime broker to a select number of institutional customers that use our institutional trading platform. Reporting requirements came into effect in February This category is for public downloads. Controls and Procedures.

In addition to latency arbitrage, strategies based on statistical arbitrage provide another avenue by which HFT firms can profit. These firms generally tend to focus on listed products and may already, or will in the future, provide retail FX principally as a complementary offering. Past performance is not indicative of future results. Quotes by TradingView. Position trading is a long-term strategy that may play out over periods of weeks, months or even years. We rely on a combination of trademark, copyright, trade secret and fair business practice laws in the U. The laws, rules and regulations of each foreign jurisdiction differ. We continue to work with credit card issuers to ensure that our services, including customer account maintenance, comply with these rules. Sudden spikes in pricing volatility can increase exposure exponentially and possibly lead to significant loss. We have expanded our principal model offered to smaller retail clients, which will expose us to additional risks, including the risk of material trading losses. In the future, we may have to rely on litigation to enforce our intellectual property rights, protect our trade secrets, determine the validity and scope of the proprietary rights of others or defend against claims of infringement or invalidity. Legal Proceedings. A few of the main arguments in favour of HFT are as follows: Provides necessary liquidity to the marketplace : Due to the large volume of orders being placed upon the market through the implementation of HFT strategies, it has become "easier" for traders to buy and sell. If global economic conditions continue to negatively impact the FX market or adverse developments in global economic conditions continue to limit the disposable income of our customers, our business could be materially adversely affected as our customers may choose to curtail their trading in the FX market which could result in reduced customer trading volume and trading revenue. In executing our direct marketing strategy, we use a mix of online banner advertising, search engine marketing, email marketing, event marketing, including educational seminars, expos and strategic public and media relations, all of which are aimed at driving prospective customers to our web properties, DailyFX. We have also significantly increased margin requirements on less liquid pairs and for accounts with higher equity levels. What's New.

To complement these efforts, a team of highly trained and locally licensed sales representatives contact prospective customers by telephone to provide individualized assistance. Any failure on our part to anticipate or respond adequately high probability price action system swing trading books for beginners customer requirements or changing industry practices, or any significant delays in the development, introduction or availability of new. Our employees could execute unauthorized transactions for our customers, use customer assets improperly or without authorization, carry out improper activities on behalf of customers or use confidential customer or company information for personal or other improper purposes, as well as misrecord or otherwise try to hide improper activities from us. As required by the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism Act ofor the Patriot Act, and the EU Money Laundering Directive, we have established comprehensive anti-money laundering and customer identification procedures, designated an anti-money laundering compliance officer, trained our employees and retained an independent audit of our program. We are also subject to counterparty risk with respect to clearing and prime brokers as well as banks with respect to our own deposits and deposits of customer funds. Lower transaction costs how to use vwap for trading intraday trading system afl HFT has brought immense business to the market, thereby reducing brokerage commissions and membership thinkorswim futures codes how to read candlestick charts trends required for market access. Similarly, if stop loss tradingview strategy day trading technical analysis software price breaks a level of support within a range, the trader may sell with an aim to buy the currency once again at a more favourable price. FXCM will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Policies, procedures and practices are used to identify, monitor and control a variety of risks, including market risk and risks related to human error, customer cara trading forex agar selalu profit free online live forex charts, market movements, fraud and money-laundering. Any such sanction would materially adversely affect our reputation, thereby reducing our ability to attract and retain customers and employees. We intend to accelerate the growth of our core business by:. Traders Hideout general. Lucid and V3 are dependent on risk fxcm cfd prices action swing indicator ninjatrader 8 policies and the adherence to such policies by trading staff. This article was updated on fxcm cfd prices action swing indicator ninjatrader 8 October These reports include our Annual Report on Form K, Quarterly Reports on Form Q and Current Reports on Form 8-K, each of which is provided on our website as soon as reasonably practicable after we electronically file such materials with or furnish them to the SEC. CFDs are robinhood app logo penny stock breakouts website instruments and come with a high risk of losing money rapidly due to leverage. Range trading is a simple and popular strategy based on the idea that prices can often hold within a steady and predictable range for a given period of time.

Marketing expertise. Certain of our competitors have larger customer bases, more established name recognition, a greater market share in certain markets, such as Europe, and greater financial, marketing, technological and personnel resources than we do. Although we have spent significant financial resources on advertising and marketing expenses, these efforts may not be a cost-effective way to attract new customers. We depend on the services of these prime brokers to assist in providing us access to liquidity through our wholesale FX market makers. We rely on members of our senior management to execute our existing business plans and to identify and pursue new opportunities. Events of January 15, and Subsequent Leucadia Financing. Any disruption for any reason in the proper functioning, or any corruption, of our software or erroneous or corrupted data may cause us to make erroneous trades, accept customers from jurisdictions where we do not possess the proper licenses, authorizations or permits, or require us to suspend our services and could have a material adverse effect on our business, financial condition and results of operations and cash flows. From time to time, we may implement new lines of business or offer new products and services within existing lines of business. Of these pairs, our most popular seven currency pairs represent Attrition of customer accounts and failure to attract new accounts could have a material adverse effect on our business, financial condition and results of operations and cash flows. Parameters The following parameters are available in this app: Currency : The currency for which you want to compute the index. HFT firms aspire to achieve profitability through rapidly capitalising on small, periodic pricing inefficiencies. Role In Global Markets High-frequency trading represents a substantial portion of total trading volume in global equities, derivatives and currency markets.

The cost of complying with the Patriot Act and related laws and regulations is significant. Regular Cash Flow : Day trading allows for a regular cash flow to be generated. Legal or regulatory uncertainty and additional regulatory requirements could adversely affect our business. We primarily offer our customers what is referred to as an agency model to execute their trades. Chaotic Price Action : Although the forex is the world's deepest market, it is not immune to sudden spikes in volatility. Advanced Search. This competition could make it. Earn augur coinbase what cryptocurrency does gemini sell is difficult to predict volatility and its effects in the FX markets. Traders will often cite the phrase, "The trend is your friend," as a reminder that recent trends can be reliable indicators of where prices are likely to go moving forward and where to best set up trade entry and exit points. Fxcm cfd prices action swing indicator ninjatrader 8 our arrangement with any third party is terminated, we may not be able to find an alternative systems or services provider on a investing in biotech stocks if you cash out stock is that receiving dividends basis or on commercially reasonable terms. In addition, we may elect to adjust our risk management policies to allow for an increase in risk tolerance, which could expose us to the risk of greater losses. However, by using a comprehensive trading plan, these risks may be managed and CFDs can become a practical way of engaging the financial markets. This type of trading may require greater levels of patience and stamina from traders, and may not be desirable for those seeking to turn a fast profit in a day-trading situation.

Additionally, our advertising and marketing methods are subject to regulation. We rely on a combination of trademark and copyright laws in the U. It is also usable on the Market Analyzer. December - Updated to NinjaTrader8 Version 20 - Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these statements. In August , the CFTC released final rules relating to retail FX regarding, among other things, registration, disclosure, recordkeeping, financial reporting, minimum capital and other operational standards. Any such litigation, whether successful or unsuccessful, could result in substantial costs and the diversion of resources and the attention of management, any of which could negatively affect our business. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The process of integrating the operations of any acquired business with ours may require a disproportionate amount of resources and management attention. FXCM bears no liability for the accuracy, content, or any other matter related to the external site or for that of subsequent links, and accepts no liability whatsoever for any loss or damage arising from the use of this or any other content. Trading in the currencies of these developing regions may expose our customers and the third parties with whom we interact to sudden and significant financial loss as a result of exceptionally volatile and unpredictable price movements and could negatively impact our business. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The Dodd-Frank Act and related regulatory requirements may affect the ability of FX market makers to do business or affect the prices. Mine Safety Disclosures. Our computer infrastructure is potentially vulnerable to physical or electronic computer break-ins, viruses and similar disruptive problems and security breaches. We attribute our competitive success to the quality of the service we offer our customers and their confidence in our agency business model and strong financial condition. Check one :. Collocated servers : These are servers that are dedicated to the trader and hard-wired to the exchange or market being traded. Trend traders use a variety of tools to evaluate trends, such as moving averages , relative strength indicators, volume measurements, directional indices and stochastics.

This strategy is considered more difficult and risky. Additionally, our advertising and marketing methods are subject to regulation. The ability to receive market-related information first, and then act upon that information before competitors, is the key tenant of the competitive advantage sought by HFT firms. We have generally experienced greater trading volume and higher revenue in periods fxcm cfd prices action swing indicator ninjatrader 8 volatile currency markets. As stated by the CFTC, it's a form of automated trading that exhibits or employs the following mechanisms: Algorithms for decision making, order generation, placement, routing and execution without any human intervention Low-latency technology with proximity to exchange or market via collocated servers High-speed connections to markets for order entry High volumes of orders and cancelled orders [2] Aside from the regulatory definitions, HFT is commonly defined as being computerised trading using proprietary algorithms. If a regulator finds that we have failed to comply with applicable rules and regulations, we may be subject to censure, fines, cease-and-desist orders, suspension of our business, removal of personnel, civil litigation or other sanctions, including, in some cases, increased reporting requirements or other undertakings, revocation of our operating licenses or criminal conviction. Ninja Trader also offers multiple simulation make td ameritrade account coast etrade. Our failure to comply with regulatory requirements could subject us to sanctions and could have a material adverse effect on our business, financial condition and results of operations and cash flows. FXCM Pharma industri stocks dropping householding brokerage accounts. Each net position in a particular currency pair is margined diegos strategy for crypto trading when to sell altcoin. A breakout strategy is a method where traders will try to identify a trade entry point at a breakout from a previously defined trading range.

As a market maker, Lucid provides liquidity by buying from sellers and selling to buyers. We do not allow trading in currencies from nations that have prohibitions on the trading of their own currency, except in limited circumstances where it is offered to residents via a white label or to customers with increased margin requirements. The following are a few instances where the twilight hours have brought enhanced volatility to a variety of currency pairs: 12 February : The Swiss franc CHF fell sharply and unexpectedly against the majors. The platform provides an advanced chart offering called Marketscope which offers a wide array of customization features, technical analysis indicators, signal and alert functionality, as well as the ability to place trades directly from the chart. There are significant criminal and civil penalties that can be imposed for violations of the Patriot Act and the EU Money Laundering Directive. We may not be able to protect our intellectual property rights or may be prevented from using intellectual property necessary for our business. In addition, emerging markets may be subject to exceptionally volatile and unpredictable price movements that can expose customers and brokers to sudden and significant financial loss. Summary Whether one is implementing short-term trading strategies or longer-term approaches, understanding how time influences the forex is a necessity. White labels can add value to our core offering through increased positive name recognition on a regional or global scale and access to a large existing customer base. These reports include our Annual Report on Form K, Quarterly Reports on Form Q and Current Reports on Form 8-K, each of which is provided on our website as soon as reasonably practicable after we electronically file such materials with or furnish them to the SEC. As a result, gains are realised much faster in comparison to more traditional investment strategies. In the event of sudden, large market price movements, such as the events of January 15, , market participants may not be able to meet their obligations to brokers who, in turn, may not be able to meet their obligations to their counterparties. Any new acquisitions or joint ventures that we may pursue may adversely affect our business and could present unforeseen integration obstacles. We offer spread betting trading to our U. According to the SEC, HFT is carried out by "professional traders acting in a proprietary capacity whom engage in a large number of trades on a daily basis. These issues include, but are not limited to, issues related to and as a result of the events of January 15, , appropriately dealing with potential conflicts of interest, legal and regulatory requirements, ethical issues, money-laundering, privacy, customer data protection, record-keeping, sales and trading practices, and the proper identification of the legal, credit, liquidity, operational and market risks inherent in our business. This dynamic ensures market liquidity as the broker is obligated to close any open positions held at market.

Demo Account: Although demo accounts attempt to replicate real markets, they operate in a simulated market environment. This restriction may limit our ability to grow our business in such jurisdictions or may result in increased overhead costs or lower service quality to customers in such jurisdictions. Marketing expertise. Collocated servers : These are servers that are dedicated to the trader and hard-wired to the exchange or market being traded. Sudden spikes in pricing volatility can increase exposure exponentially and possibly lead to significant loss. In addition, one has the flexibility to benefit from being either long or short a currency pair. There are substantial risks and uncertainties associated with these efforts, particularly in instances where the markets are not fully developed. Additionally, it allows prospective customers to evaluate our technology platforms, pricing, tools and services. What's New. Furthermore, where we have taken legal advice, we are exposed to the risk that a local regulatory agency or other authority determines that our conduct fxcm cfd prices action swing indicator ninjatrader 8 not in compliance with local laws or regulations including local licensing or authorization requirements and to the risk that the regulatory environment in a jurisdiction may change, including a circumstance where laws or regulations or licensing or authorization requirements that previously were not enforced become subject to enforcement. A fee reduction without a commensurate reduction in expenses would decrease our profitability. This may be accomplished in many ways, including learn how to read the tape for day trading what does bronze mean in etoro use of algorithms, technical tools and fundamental strategies. Interest income may not return to the amount we reported in prior years, and any further deterioration in short-term interest rates could further adversely affect our interest income and revenue. Lucid and V3 are recorded as held for sale on our consolidated statements of financial condition and the operating results of Lucid and V3 are included in the results from discontinued operations in our consolidated statements of operations. Additionally, some of our competitors and many potential competitors are better capitalized than we are and able to obtain capital more easily, which could put us at a competitive disadvantage. Such forward-looking statements are subject to various risks and uncertainties. We depend on mining vs buying bitcoin drivers license proprietary technology.

Existing and future legal and regulatory requirements and restrictions may adversely impact our international expansion on an ongoing basis and we may not be able to successfully develop our business in a number of markets, including emerging markets, as we currently plan. Our Products and Services. The term "ultra-low latency" refers to technologies that address issues pertaining to the time it takes to receive, assimilate and act upon market data. If a regulator finds that we have failed to comply with applicable rules and regulations, we may be subject to censure, fines, cease-and-desist orders, suspension of our business, removal of personnel, civil litigation or other sanctions, including, in some cases, increased reporting requirements or other undertakings, revocation of our operating licenses or criminal conviction. We use industry standard products and practices throughout our facilities. The credit agreement requires monthly payments of the term loan from proceeds received during the immediately preceding calendar month from accounts receivable related to customer debit balances. Past performance is not indicative of future results. System failures could cause interruptions in our services or decreases in the responsiveness of our services, which could harm our business. We also earn other forms of revenue such as fees earned from: white label arrangements with other financial institutions to provide platform, back office and trade execution services, FX market prices and other various ancillary FX related services and joint ventures. We are dependent on our risk management policies and the adherence to such policies by our trading staff. No matter which side of the debate one is on, it's undeniable that HFT has an enormous impact upon the trading of financial instruments worldwide. CFDs are not and may not be offered in the U. Subsequent to the events of January 15, , we undertook a strategic initiative to sell non-core assets. The demo account is identical to the platform used by our live trading customers, including the availability of live real-time streaming quotes. We also have affiliate offices located in Chile, Canada and Israel. Other Platforms. We have integrated MT4 into the same pricing engine as Trading Station, enabling its users to get the same pricing and execution.

As a financial services firm, we are subject to laws and regulations, including the Patriot Act, that require that we know our customers and monitor transactions for suspicious financial activities. A systemic market event that impacts the various market participants with whom we interact could have a material adverse effect on our business, financial condition and results of operations and cash flows. July 6th, PM rmcbeath Thank you for sharing this great indicator. We are dependent on our risk management policies and the adherence to such policies by our trading staff. Lucid and V3 are dependent on risk management policies and the adherence to such policies by trading staff. Our failure to comply with regulatory requirements could subject us to sanctions and could have a material adverse effect on our business, financial condition and results of operations and cash flows. Our chief executive officer, Drew Niv, has been our chief executive officer since our founding and was one of our founders. It's also to avoid setting narrowly placed stop losses that could force them to be "stopped-out" of a trade during a very short-term market movement. Our FX trading operations require a commitment of capital and involve risk of losses due to the potential failure of our customers to perform their obligations under these transactions. These two elements of the twilight hours make efficiently trading the forex a challenge.