That would be good!, but the quote is from a MF lawyer who is citing MF management. Hopefully the regulators investigating the firm will...
The 500K protection wouldnt cover futures accounts anyway. From what previous posters have posted Futures accounts will get pro rata payments, if...
http://www.cftc.gov/PressRoom/PressReleases/mfgstatement "The SEC and CFTC have determined that a SIPC-led bankruptcy proceeding would be the...
There are various links on the internet that say SIPC appointed a trustee yesterday during the MFG bankruptcy. MFGlobal according their website...
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Do segregated accounts have any legal status in bankruptcy. Like getting priority ahead of everyone else owed money?
Yeah, petterfly has skin in the game as he still own over 80% of IB i think. A trading god he maybe, but he is also still human, even he could...
Its not all lost is it.. unless he was massive long on MF shares.. if he didnt withdraw before BK then he will have to wait sometime to get his...
Did MFG stop paying out customer withdrawal requests yesterday after going in to BK? Or can they continue to pay out from segregated accounts....
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Maybe smartest at making risk free money, or when they have the most information. Seems they just as dumb as everyone else when it comes to...
Vix is below 25, so unlikely going to get a 10% crash today. However if there is a sell off today it could well be in the down 5% range.
Wolfgang Schäuble, Germanyâs finance minister, wants the European Union to take the global lead in introducing a financial transaction tax to...
http://www.ft.com/cms/s/0/e1a2c6b2-02fe-11e1-899a-00144feabdc0.html#ixzz1cJySQ7WQ Seems they are hell bent on going it alone.
Joint letter from Herman Van Rompuy and Jose Manuel Barroso to G20:...
I day trade the Futures markets for a living. Every day I have a daily loss larger than 1% of equity I will add a journal entry here. I will...
Neke, Think back to the middle of 2009, how were you trading, what was your attitude and mental state of mind when it came to trading? How was...
From daily mail website: Lets hope the mail has misquoted him and he meant to say Eurozone and not EU. Read more:...
Cameron: City Is Under Attack From Europe He doesnt specifically mention the FTT....
MF Global Holdings Ltd.'s challenges mounted Thursday as Fitch Ratings downgraded the broker-dealer's credit to junk status and, according to...
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