CFTC Releases Data: IG US’ Retail Forex Obligation in June Jumped the Most

The Commodity Futures Trading Commission (CFTC) has published its monthly report for June 2022, revealing a month-on-month increase of 0.15 percent in retail FX deposits compared with the $509.4 million reported in May 2022 .

The report covers data for FCMs that are registered as Retail Foreign Exchange Dealers (RFEDs) and those included as broker-dealers that hold retail forex obligations in the United States, namely Gain Capital Group LLC, IG US LLC, Interactive Brokers LLC, Oanda Corporation and CHARLES SCHWAB Futures & Forex LLC.

IG US' Retail Forex Obligation in June Jumped the Most

The chart listed below summarizes all the data published in the latest 12 months.

According to the CFTC dataset, the FX funds held at the five registered brokerages hit over $510.1 million in June 2022. For purposes of comparison, the month-on-month change of the recent months has been outlined to illustrate the disparities.

In June, Gain Capital saw a decrease of $2.4 million to $191.1 million, compared to $193.5 million at the end of May, or 1.22 percent lower month-over-month. Oanda also reported a decline of $8 million to $170.3 million, which is 4.48 percent lower over a monthly basis.

IG US reported a jump over last month's figure by nearly $6 million to $49 million at the end of June 2022, compared with $43 million in the previous month, which is up by 13.85 percent on a monthly basis.Read More Here