Today, Friday May 8, 2009 is the Last Day to Enter Same Currency Pair Hedges at InterbankFX Options

[SVP]

According to a recent mailbox message from IBFX, IBFX will stop all
hedging on Friday, May 8, 2009.

Here is the text of that message:


Dear Customers:
Interbank FX, along with all FCM's, has received information from the
NFA that we want to pass along to our customers. All registered FCM's
have received a new Compliance Rule 2-43 regarding forex trading. On
May 15, 2009, forex customers will no longer be allowed open "hedged"
positions in their accounts. If you are currently using hedging as a
trading strategy, we would encourage you to use the Interbank FX Demo
accounts over the next month to help modify your trading strategy.
Also, for those of you who utilize hedging strategy with your "Expert
Advisors", we would encourage you to modify your code and test your
advisor on the Interbank FX Demo servers as well. In order to assure
a
smooth transition for our customers to the new NFA Compliance Rule,
Interbank FX has set May 8, 2009 as the last date that customers will
be able to hedge open positions.
For customers trading on the MetaTrader 3 platform:
Due to the fact the MetaTrader 3 platform is no longer supported by
MetaQuotes and they do not have the available resources to make the
MetaTrader 3 platform compliant with this new rule, Interbank FX has
decided to move all MetaTrader 3 customers to the MetaTrader 4
trading
platform. This action will take place after the market closes on May
8, 2009. This action will require that MetaTrader 3 platform users
download the MetaTrader 4 trading platform from our website.
Instructions will be provided in future notifications

[pitt jonathan]

oil going up anymore today??

> Date: Fri, 8 May 2009 05:26:49 -0700
> Subject: [RGMorris:64] Today, Friday May 8, 2009 is the Last Day to Enter Same Currency Pair Hedges at InterbankFX Options
> From: phkco...@gmail.com
> To: rgmorrisnet-ult...@googlegroups.com