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It is up to each individual to choose a platform they like. But I would not recommend anyone to use this platform, for what it is worth. Very poor software and reliability.

It was a live speech on BB and the headlines all released on market news, reuters and bloomberg. There was no leak and inded the market took a few seconds to react.

Is this the efx platform?

Bad.

Maybe I could threaten to sue you but unlike some I don't really have the desire to massage my ego and pretend that I will carry out something that would not be worth the effort or hassle. For clarification though I do not work for any futures brokerage or act as an IB for any. If anyone...

Surely this is wrong and inflammatory. Various people on the topic have said the futures arm was and will be unaffected and that there is no evidence of people pulling their funds out. After 60 pages people are still making the same mistakes, I give up! (Don't you idiots understand the money...

Interesting that after a forced change of ownership you still claim that the problems at the holding company did not affect the futures arm in any way! My question did not ask did it affect your account but rather had the firm been affected. You chose to answer a different question - perhaps you...

It isnt easy times. I went short Euro dollar first thing this am before it broke down through 1.19. I went long sterling after the MPC minutes. So far so good. I then stayed square as the euro hovered arounf 1.19 as could not decide whether it would force out all the shorts or go...

I am sorry Apex but your comments throughout this thread have been very misleading. How you can try and pass judjemnt on others is beyond me. This thread was about "Refco Account Security" and started off with a lot of people saying the money has been repaid and the shares are cheap after the...

The FX arm of Refco (which is regulated) has frozen all accounts overnight and no withdrawals can be made.

I think part of the problem was that a lot of misinformation was being stated by both people who were appearing to defend Refco and by others who weren't. I clearly stated that people at Mac were having their accounts frozen and indeed had an email from a senior person at LIFFE telling me...

I don't think they are frozen ,at least not for the time being. As many others have said -if in doubt wire the money out and sit tight for a while. It is what an awful lot of others are likely to be doing and so even if these other areas of Refco and fine they could still face a liquidity...

At the time of World Com the dollar was trading around the 88 level against the Euro. With the worry about US accounting standards institutions piled out of the US and the dollar tanked. The US has huge budget and current account deficits and relies on foreign insitutions buying dollars to...

I am sure the regulators are looking at Refco LLC very closely - do you think they will adopt a laissez fair attitude and say it doesn't matter - Refco LLC and Refco LLC are seperate companies! I hope it is all okay though and that in a months time it is all forgotten. I will point out...

I am not getting into a slanging match with anyone and I have made my views known since this mess first blew up and explained my thoughts in some detail. My view is that an awful lot of organisations will not give credit or carry out business with any Refco related company at the moment...

and here is a hint - 2 cents is asking re FX which has nothing to do with the Exchange Clearing Corp. and another hint - I understand in the UK all traders at Mac who still have funds with them have had their accounts frozen. Thankfully as soon as the news came out earlier this week most...

Because banks won't care where the problem is they will cut credit lines to every Refco related company. When Barings went under they cut their lines to every merchant/private bank in the UK. Was that logical - in legal terms no but it is basic prudence. Imagine if the credit person says it is...

What I do understand is that the whole Refco Group will face a liquidity crisis, regardless of where the original problem was. As I first stated when these issues arose, and when you tried to belittle me, if you can get your funds out then one should,. If it all turns out okay then pay it back...

How you can attempt to bash other people on here is beyond me - you look discredited. All you have said over the past few days is no problems at Refco, just accounting issues, $430m been repayed etc etc. Anyone who has money with any company within the Refco strcuture is a fool if they don't...