US authoritative authorities - CFTC and NFA - proposed a new activity today. The capital abstraction of their angle is to absorb the retail Forex bazaar by the government. All the absolute registered US brokers should be nationalized and, as a result, a individual Washington-controlled adopted barter ambidextrous physique is to be created. The consistent Forex agent will be alleged Federal National Forex Agent and will accept the better chump abject in the world, as all the accepted audience from the absolute US brokers will be automatically transferred to it. The capital appearance of FNFB will be the fast beheading of orders (no added than 5 seconds) and the hardly added spreads for the above bill pairs (from 10 accustomed pips on EUR/USD). According to the officials, this will serve two purposes: first, to assure the traders from sending beguiling trading orders, second, to apprehension to the revenues of the federal budget.

The added data of the nationalization activity and cartel conception will be provided soon. The activity is approved to be completed by April 1st, 2012.

If you have any queries about this action taken by the US Govt., then feel free to comment here.