Congoo: Pierre Bertrand Boulle

Overview
Pierre B. Boulle is Managing Director of investorseurope, which was founded by him in 2001, after having worked in Executive positions for various International Banks and Brokers in Lisbon and London, including BNP Paribas and Banco Popular. During this period, Pierre very successfully built up two stockbrokers from scratch for European banks. His previous management experience was as a Senior Executive of De Beers Diamonds and other independent diamond mining operators during which period he negotiated, set up and ran various diamond mines throughout the developing world. One of these included the World Bank (IFC) as partner. Pierre holds an MBA in International Business, is a qualified analyst and licensed to trade many of the cash and derivative products on EURONEXT markets.

A new ruling by the National Futures Association (NFA) goes into effect on 15th May 2009. It deals with the practice of “hedging” by forex traders. In hedging, a forex trader holds both long and short separate positions in the same currency pair at the same time. This practice is termed “Offsetting Transactions” by the NFA and the new Compliance Rule 2-43(b) requires Forex brokers (FDMs - U.S. Forex Dealer Merchants) to offset positions in a customer account on a first-in, first-out basis, thereby prohibiting the trading practice known as “hedging.” A client may, however, direct the US FDM to offset same-size transactions, despite the fact of having older transactions of a different size. This Rule 2-43(b) will be effective for any forex positions established after May 15th, 2009. Offsetting positions established prior to 15th May do not have to be liquidated, but once either position is closed out, it may not be re-established as a hedge. So if a client goes long and short the same pair at the same time, no outright forex position will be created because the US FDM will offset them against each other and no trade will be left open. NFA is the industry organization US forex brokers belong to. The NFA’s effective regulator is the Commodity Futures Trading Commission (CFTC).

In the light of these recent events in regard to "hedging" and the proposed amendments whereby no FDM would be allowed to offer more than 100:1 leverage on the major currencies or more than 25:1 leverage on other currencies to clients, investors Europe (a MiFID compliant stockbroker regulated by the FSC) confirms that it accepts U.S clients and is able to provide U.S. traders, investors and institutions forex execution services with leverage up to 400:1. Two of our 400:1 forex platforms are below.

http://rockfx.eu./client_contactform.html
http://www.metaquotes.net/files/investorseurope/mto4setup.exe

Places I have worked

Investors Europe
10-99 employees
Managing Director
Online Broker
Pierre B. Boulle is Managing Director of investorseurope, which was founded by him in 2001, after having worked in Executive positions for various International Banks and Brokers in Lisbon and London, including BNP Paribas and Banco Popular. During this period, Pierre very successfully built up two stockbrokers from scratch for European banks. His previous management experience was as a Senior Executive of De Beers Diamonds and other independent diamond mining operators during which period he negotiated, set up and ran various diamond mines throughout the developing world. One of these included the World Bank (IFC) as partner. Pierre holds an MBA in International Business, is a qualified analyst and licensed to trade many of the cash and derivative products on EURONEXT markets. Pierre's MBA Thesis: "Diamond Marketing in the Developing World

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