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    Anyone pulling money out of MF Global?

    I read that differently. It sounds like *only* the customers whose account have been moved because they already had open positions will get access to that cash/positions. Remember, it's all frozen until the end of today-Tuesday. The cash only flat people like me get this: <i>CME Group will...
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    Anyone pulling money out of MF Global?

    This just got posted. At least it's *some* information directly from the CME.
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    Anyone pulling money out of MF Global?

    I am an MF Global brokerage client who was/is flat cash only but I've never used Global Connect. I have no problems checking statements via emidas.com.
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    Explain this about MF Global

    MF Global is primarily a brokerage house, just like Interactive Brokers, or E-Trade or TDAmeritrade or the like. MF, using their own operating capital, and potentially along with stolen supposedly segregated client funds (like MINE! Fuckers....) attempted trades in an effort to boost the...
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    Anyone pulling money out of MF Global?

    Follows exactly what's already been posted elsewhere... Checking my account via emidas, my funds are still in MF. No change for me yet. <i>Dear [redacted], If you had positions on in your MF Global account, they were successfully transferred to RJ O’Brien over this past weekend...
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    Anyone pulling money out of MF Global?

    I was flat going into last week so the only thing there is my cash. I've heard nothing. :(
  7. S

    Anyone pulling money out of MF Global?

    My funds still show in the MF emidas.com site. I have received no emails other than my IB trying to keep all us informed, but no contact from RJ O'Brien which is where I'm supposed to go, no PDF MF nightly statement when there's activity in my account. Nothing specific to my account. The only...
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    Anyone pulling money out of MF Global?

    How do you access your online info? Emidas.com? Cause my funds are still showing up under snapshots/account inquiry which means no transfer yet. :(
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    Anyone pulling money out of MF Global?

    I didn't try on Friday. I tried Monday morning too.
  10. S

    Anyone pulling money out of MF Global?

    Although my IB said my cash only MF account should have been moved by now (this was told to us about noon Friday), it's still showing in MF. Has <i>anybody</i> here actually had a successful transfer to another FCM? Who'd you end up with?
  11. S

    Don Miller...

    Don is <i>very</i> religious in his beliefs. Nothing wrong with that. We agree that it's not for us, but still, he's very Christian and it's his blog.
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    Don Miller...

    You guys were right. I was wrong. 3 million of his $ tied up in this mess http://goo.gl/VNwV0
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    Can anybody tell me what does a segregated account mean?

    Well there you go. My mistake. But My God does the SIPC need to make that designation clearer. Thank you for the links.
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    Anyone pulling money out of MF Global?

    Awe fuck me. Thanks for the link. My day just got shittier.
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    Anyone pulling money out of MF Global?

    I'm sorry. I don't seen *anywhere* that 'cash in my account was generated by trading crude oil futures' isn't covered in what you posted. By all means, if they did say the cash itself is not covered, PLEASE post that. They *do* say the <i>futures contracts themselves</i> are not covered...
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    Anyone pulling money out of MF Global?

    Link please, as it's not on their website.
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    Can anybody tell me what does a segregated account mean?

    Yes, and I've read the SIPC site over and over again. *Nowhere* does it say a cash position held inside a futures account is NOT covered. It does say that commodities and futures contracts held (and lost through bankruptcy) will NOT be replaced like securities would (eg they replace the...
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    Anyone pulling money out of MF Global?

    Yes, and I've read the SIPC site over and over again. *Nowhere* does it say a cash position held inside a futures account is NOT covered. It does say that commodities and futures contracts held will NOT be replaced like securities would (eg they replace the actual security held, not the cash...
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    Anyone pulling money out of MF Global?

    As I understand it, yes. But nothing has been announced, although the MF SIPC trustee published: <I>The Trustee is currently assessing the feasibility of beginning a proper transfer of some customer accounts in consultation with federal regulators and relevant exchanges and clearing...
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    Can anybody tell me what does a segregated account mean?

    I don't think that's true that cash inside a futures account does not have SIPC coverage. Positions, no, but cash? Seems yes From their website: The cash and securities – such as stocks and bonds – held by a customer at a financially troubled brokerage firm are protected...
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