Foreign Exchange Dealers Coalition - FXDC

AAA

DEFINITION of 'Foreign Exchange Dealers Coalition - FXDC'

An alliance of the largest U.S. foreign exchange dealers formed in 2007. The Foreign Exchange Dealers Coalition's goal is to create awareness and recognition of forex dealers and their views regarding regulation implementation in the forex industry. Foreign exchange dealers that are part of the coalition attempt to use their collective power to influence the industry.

INVESTOPEDIA EXPLAINS 'Foreign Exchange Dealers Coalition - FXDC'

The FXDC has become involved with forex industry proposals that address major regulatory changes. For example, the FXDC became involved in 2007, when the Commodity Futures Trading Commission (CFTC) required mandatory registration through the National Futures Association (NFA) for retail foreign exchange dealers (RFEDs), futures commission merchants (FCMs), forex commodity pool operators (CPOs) and commodity trade advisors (CTAs).

RELATED TERMS
  1. Forex Club

    A national association of wholesale foreign exchange professionals ...
  2. Foreign Exchange Dealers Association ...

    An association of banks specializing in the foreign exchange ...
  3. Commodity Futures Trading Commission ...

    An independent U.S. federal agency established by the Commodity ...
  4. Broker-Dealer

    A person or firm in the business of buying and selling securities, ...
  5. Authorized Forex Dealer

    Any type of financial institution that has received authorization ...
  6. Administrative Order On Consent ...

    An agreement between an individual or business and a regulatory ...
Related Articles
  1. Forex Education

    Getting Started In Foreign Exchange Futures

    Learn how these futures are used for hedging and speculating, and how they are different from traditional futures.
  2. Forex Education

    Find Equity Opportunities With Currency Moves

    Understanding the relationship between these markets can help you spot profitable stocks.
  3. Forex Education

    The Greatest Currency Trades Ever Made

    These speculators took big positions - and scored huge profits - in the currency market.
  4. Forex Education

    Forex: Wading Into The Currency Market

    We go over the ground rules and available resources needed for this undertaking.
  5. Forex Education

    How To Profit From Interventions In The Forex Market

    The forex market can be extremely profitable. Learn how to spot an intervention and trade when it's occurring.
  6. Forex Education

    Adding Leverage To Your Forex Trading

    The use of margin to trade in the foreign exchange market can magnify profit opportunities.
  7. Forex Education

    Forex Basics: Setting Up An Account

    The line between profitable forex trading and ending up in the red may be as simple as choosing the right account.
  8. Forex Education

    The Foreign Exchange Interbank Market

    Can your forex broker offer you the most competitive pricing? Learn how the market's biggest players affect you.
  9. Fundamental Analysis

    An Introduction To The International Monetary Fund (IMF)

    Chances are you've heard of the IMF. But what does it do, and why is it so controversial?
  10. Forex Education

    Pivot Strategies: A Handy Tool For Forex Traders

    Make more educated trading decisions by identifying major turning points.

You May Also Like

Hot Definitions
  1. Christmas Island Dollar

    The former currency of Christmas Island, an Australian island in the Indian Ocean that was discovered on December 25, 1643. ...
  2. Santa Claus Rally

    A surge in the price of stocks that often occurs in the week between Christmas and New Year's Day. There are numerous explanations ...
  3. Commodity

    1. A basic good used in commerce that is interchangeable with other commodities of the same type. Commodities are most often ...
  4. Deferred Revenue

    Advance payments or unearned revenue, recorded on the recipient's balance sheet as a liability, until the services have been ...
  5. Multinational Corporation - MNC

    A corporation that has its facilities and other assets in at least one country other than its home country. Such companies ...
  6. SWOT Analysis

    A tool that identifies the strengths, weaknesses, opportunities and threats of an organization. Specifically, SWOT is a basic, ...
Trading Center