Hi everyone.
So I have been asked to trade on behalf of a US based, fully regulated, Commodity Pool. From the US point of view I can trade for them as an exempt CTA (Commodity Trading Advisor), as such I do not need to register with the NFA (National Futures Association). So I am happy it's legal from that point of view.
I'm wondering whether I need to register with anyone here in Aus, as I will be based in Australia while I trade on their behalf. Is there any laws that would stop me from Trading for this firm?
Please only give advice if you are 100% positive on the law.
Is there anyone out there that already trades for a US company?
Thanks everyone
Mark
So I have been asked to trade on behalf of a US based, fully regulated, Commodity Pool. From the US point of view I can trade for them as an exempt CTA (Commodity Trading Advisor), as such I do not need to register with the NFA (National Futures Association). So I am happy it's legal from that point of view.
I'm wondering whether I need to register with anyone here in Aus, as I will be based in Australia while I trade on their behalf. Is there any laws that would stop me from Trading for this firm?
Please only give advice if you are 100% positive on the law.
Is there anyone out there that already trades for a US company?
Thanks everyone
Mark
