Any danger to Refco accounts?
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Any danger to Refco accounts?

 
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Bill9966
Guest
Posted: Sat Oct 15, 2005 12:02 am    Post subject: Any danger to Refco accounts? Reply with quote
Is there any $risk to traders with individual commodity/futures
accounts at Refco (as opposed to hedge fund accounts, forex accounts
etc.?

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ynotssor
Guest
Posted: Sat Oct 15, 2005 12:02 am    Post subject: Re: Any danger to Refco accounts? Reply with quote
"Bill9966" <bill9966@rcn.com> wrote in message
news:435000cd.7419989@news.rcn.com

Quote:
Is there any $risk to traders with individual commodity/futures
accounts at Refco (as opposed to hedge fund accounts, forex accounts
etc.?

The customers' funds should be segregated from the Refco corporate funds,
but if there are any open trades it appears that one may fully expect them
to be closed in very short order, and probably not at the most
strategicially advantageous prices.
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bob
Guest
Posted: Sat Oct 15, 2005 12:02 am    Post subject: Re: Any danger to Refco accounts? Reply with quote
Unknown

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Josbarr
Guest
Posted: Sat Oct 15, 2005 12:02 am    Post subject: Re: Any danger to Refco accounts? Reply with quote
FX Solutions
NFA Member Yes
NFA # 0312620

RefcoFX
NFA Member No
None

Forex.com
NFA Member No
None

FXCM
NFA Member Yes
NFA # 0308179
Yes

ACM
NFA Member No
None
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bob
Guest
Posted: Sat Oct 15, 2005 12:02 am    Post subject: Re: Any danger to Refco accounts? Reply with quote
It depends how deep corruption goes
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