Midlandeuro suspends trading after NFA rebuff

TECHNOLOGY NEWS

LOS ANGELES -- FX trading firm Midlandeuro stopped trading on October 31, following the suspension of its membership of US regulatory body the National Futures Association (NFA).

The NFA took the step because it suspects the firm does not meet necessary capital requirements to trade with retail clients, as it failed to disclose the existence of two accounts held with international investment company Albaraka in Qatar.

The NFA believes that the accounts comprised a significant portion of

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