Comment Text:
i0-001
COMMENT
CL-07108
From:
Sent:
To:
Cc:
Subject:
Arthur Sun
Saturday, March 13, 2010 12:17 AM
secretary
[email protected]
Regulation of Retail Forex
Dear Sir or Madam,
Identification number: RIN 3038-AC61
Hope this email finds you well, I'm happy to write to you but not happy about this topic actually. The levarage adjustment from 100:1 to
10:1 is so dramatic and unacceptable, especially for the personal trader just like me. The reason why i choose the F× trading is the
risk and benifit from it after my careful consideration. Life is too short and too boring without it.
If the levarage will have to be decreased to 10:1, it means I'll have to put 10 times of money in it to reach the same level of current
transaction. So the levarage decreasement won't decrease the risk in forex market at all, and very possible it'll increae the risk and
burden on us and make many people away from the benefit of the market fluctuation. Only some big companies were left to play this
game...
I believe there are many other ways for you to standardise and manage the market, instead of just such an extravagant rule to hurt it.
Have a good weekend.
Best wishes,
Arthur
Hotmail: Trusted email with Nicrosoft's powerful SPAN protection.
Signu# now.
