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Old 10-10-2006, 02:44 AM
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CoesFX (Spot FX Clearing Corp)
October 4th, 2006 Disciplinary Action link:

NFA ID: 0358427 SPOT FX CLEARING CORP

http://www.nfa.futures.org/basicnet/...03&contrib=NFA

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Old 10-10-2006, 03:17 AM
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Quote:
Originally Posted by ngdaniel
October 4th, 2006 Disciplinary Action link:

NFA ID: 0358427 SPOT FX CLEARING CORP

http://www.nfa.futures.org/basicnet/...03&contrib=NFA
From reading the notice it says

"Spot FX is prohibited from soliciting or accepting any additional customer accounts or customer funds, except as security deposits for existing positions."

Yet, I have just checked over at the www.coesfx.com website and they are still accepting new applications.

Is this because Spot FX Clearing Corp is a wholly owned subsidiary of COESfx Holding, Inc???

Basically, does anybody know what the ruling actually relates to and if coesfx is finished as a broker?
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Old 10-12-2006, 01:44 AM
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I wish to predict the market like I do with the brokers
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