What is NFA trading?

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex) and OTC derivatives (swaps).

What does NFA regulate?

NFA is the industrywide, self-regulatory organization for the U.S. derivatives industry. Designated by the CFTC as a registered futures association, NFA strives every day to safeguard the integrity of the derivatives markets, protect investors and ensure Members meet their regulatory responsibilities.

What is exchange and NFA?

The National Futures Association (NFA) is the self-regulatory body of the derivatives industry, including the exchange-based trading of futures products. The NFA requires a fee of US$. 01 per side of every exchange-based futures contract traded. The NFA fee is the smallest of the fees associated with trading futures.

What is NFA certificate?

The National Futures Association (NFA) is the self-regulatory organization (SRO) for the U.S. derivatives industry, including on-exchange traded futures, retail off-exchange foreign currency (forex) and OTC derivatives (swaps).

What does NFA stand for in futures market?

BREAKING DOWN ‘National Futures Association – NFA’. NFA membership is mandatory for all participants in the futures market, providing assurance to the investing public that all firms, intermediaries and associates who conduct business with them on the U.S. futures exchanges must adhere to the same high standards of professional conduct.

Is the National Futures Association a trade association?

NFA is a non-profit, independent regulatory organization. NFA does not operate any markets and is not a trade association. NFA is financed from membership dues and assessment fees, and membership is mandatory for many market participants.

What does it mean to be a member of the NFA?

Failure to comply with the rules of the NFA could mean fines or revocation of NFA membership. NFA membership provides assurance to the investing public that all firms, intermediaries, and associates who conduct business with them on the U.S. futures exchanges must adhere to the same high standards of professional conduct.

When is the application period for the NFA?

Due to the COVID-19 increased workload for emergency responders around the country, the NFA has moved its Fall application period. Our application period will open on May 1, 2020 and close on June 30, 2020. This will give prospective students necessary time to apply for courses starting October 2020.