Impact of Negative Oil Prices? CFTC/NFA Market Participant Thoughts May 28, 2020 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.
CTA Performance Reporting and Allocation Variance Feb 28, 2020 NFA audits evaluate many compliance items. An area not often discussed is performance reporting, bunched or blocked orders, and what is or is not acceptable rate of return variance for CTA and CPO registrants. This article discusses these points and Turnkey’s experienece with them over the years.
NFA Amendments discretionary customer accounts, information, risk disclosures, bunched orders Feb 03, 2020 NFA recently amended several rules and Interpretive Notices related to discretionary customer accounts, customer information, risk disclosures and… Read More