Seems to me it’s nothing more than just silly blah blah here and there. The only thing that was on everyone’s concern was the hedging rule.
Other than that… the limit order or even stop order limit is nothing more than stupid hyped up news. $hit… made me piss my pants for nothing.
Luckily… I was cool enough to wait for the outright news from each broker to come up with their announcment before I took any drastic action.
IBFX apparently was fined $250,000 I think it was for money laundering preventive measures rather than for this new hedging and FIFO ruling…
Whatever it is… IBFX has issued a press release that they comply with FIFO while keeping in tact all MT4 expert adviser’s function.
http://www.ibfx.com/company/newsmedia/pressrelease/2009/09_13.aspx
As for FXDD, I think their application is still under review… so no worries there. All’s well it ends well… I think….
