Recent content by neverwas

Of course you have to be able to predict where prices are going, you have to be able to make profitable trades, if you cant do that you were going to lose all the money in your Refco account anyway. Well personally there is a difference in the number of lots that I trade when semi hedged as...

I dont understand, why you guys are still waiting helplessly when its easy to get your money. You can still access your RefcoFX accounts, open an account somewhere else and semi hedge with your refco account. Example: Account A buy 10 lots, Refco account sell 5 lots at the same price...

I know Forex is not a centralized market, but I keep reading articles about moves on thin volume and statements of the trillions traded every day, does anyone know how daily volume is calculated or any sites that track it?

Financial Engineering is all the rage if you want to be a Quant.

Dec. 5 (Bloomberg) -- Refco Inc. affiliates Forex Capital Markets LLC and Advanced Currency Markets SA are attempting to take back their own shares from the bankrupt futures broker to protect their business. ACM in Geneva will seek Swiss court approval today to halve Refco's stake to about...

Please provide the name and contact info of anyone that can verify your claims, chances are Apex Capital and Oldtrader aren’t keeping them too busy to provide details.

Take a look at http://www.interbankfx.com/

It is a confusing mess with all the Refco subsidiaries. From what I’ve read it appears that Refco Inc. caused the problem with cooked books and then launching an IPO. Then after they got found out, Refco Inc. and all their unregulated subsidiaries declared bankruptcy; Bersec International...

I understand your frustration with the unfortunate situation you are in, but I don’t understand how you could blame FXCM because they share office space and software, makes no sense at all. From what I understand the whole Refco disaster was caused by Refco people completely outside of...