rumor floatin round is that the chicago office has been completely cleared out (furniture and all and the even if Refco didn't declare bankruptcy, they were planning to ax the US RTS operation anyway. In my opinion, I think expansion and operational/setup costs were spent too freely in North...
You may have several people at RTS but I am a current trader at RTS and if I have an axe to grind why is it that I have not posted a single negative thing about the company other than their move to refco pro and if you knew anything (ask the people you know, a majoritiy of the traders were not...
refco trading services as a whole no longer exists; RTS's London office got bought out by another backer, while Man Financial has acquired the north american operation of RTS but has yet to decide what to do about it - rumor is that they are pulling the plug - from what I hear, some of the North...
Quite sad considering it was really of no fault of their own in terms of how they run their business with the exception of getting rid of TT and forcing everyone onto refco pro