GS execution and clearing closing accts?

[quicktrader12]

Heard a rumor (not confirmed) that GSEC / redi plus accounts are being closed.

Any one hear anything?

 

[econometrics]

yes closing

 

[amsterdam]

what does this mean?

 

[jumper]

No wonder they called me and told me to get out.

 

[FSU]

For those who are having their accounts closed, do you have individual accounts through GS or are you trading through someone?

 

[cactus_trader]

anyone from Bright or G2 trading or another firm thats clears GSEC like to come in and comment?

 

[Maverick74]

Where is Don on this matter? Why would GS close anyone's accounts without warning? Something is not adding up here.

 

[amsterdam]

That's what I don't get...

 

[quicktrader12]

Quote from Maverick74:

Where is Don on this matter? Why would GS close anyone's accounts without warning? Something is not adding up here.

Who said, with out warning?

 

[AtlTrader12345]

gsec wants accounts north of $5M.

they are eliminating IB's down to a few. if you haven't been contacted......it apparently is only a matter of time