This excerpt taken from the NYFX 10-K filed Mar 7, 2007.
Compensation of Directors
On July 28, 2005, our Board of Directors adopted a compensation plan for our non-management directors effective immediately. In addition to the current annual retainer of $25,000, we compensated non-management directors as follows:
In July 2005, Directors Wajnert, Lynch, Deehan and Jennings each received a Deferred Cash Award of $55,000 with a one-year vesting requirement.