Impact of Negative Oil Prices? CFTC/NFA Market Participant Thoughts

In late April, the market was witness to an unprecedented event, negative oil prices.  This has never happened before in the history of trading oil futures contracts. Turnkey staff spoke with FCM executives, former energy floor traders, large introducing brokers and many more market participants in order to see what went on behind the scenes, and what if anything could have been done to mitigate the price collapse. 

CFTC/NFA – Regulatory Recap – May 2020

It can be difficult to keep track the various regulatory announcements and changes that occur during a month.  To better assist you Turnkey Trading Partners has put together a summary of the various regulatory notices and adjustments which have occurred since our last newsletter.

NFA UPDATE — Relief from Fingerprinting Requirements

Due to concerns regarding the spread of COVID-19, NFA temporarily suspended its fingerprinting services in March. NFA understands that this action, along with the measures taken by federal, state and local governments to restrict the movement of, and contact among, individuals, makes it difficult for individuals to obtain fingerprints and comply with both CFTC and NFA fingerprinting requirements.