MF Global announcement

Quote from steve0617:

We'll see. I just put in for a full wire out today. There was no argument from my MF guy. It was if nothing that was happening today was happening. Was totally cool with my withdrawl.

I did trade this AM so those funds are being held until tomorrow. The rest of the funds are supposed to go today.

Hope it all goes smoothly for you, no unneccessary delays.
 
Quote from benwm:

Hope it all goes smoothly for you, no unnecessary delays.

Yea me too. I don't think MF was dirty and I expect them to have client deposits separate as they're required to.

Everything was cool until Corzine took it off the cliff. Like other have said, lots of good Chicago people will probably lose their jobs over this.
 
This must be the best headline of the day, surely?

12:16 EST - *S&P DOWNGRADES MF GLOBAL HOLDINGS TO 'D'
Oct. 31 (Bloomberg) -- Removed from creditwatch negative.
 
Quote from Martinghoul:

This must be the best headline of the day, surely?

12:16 EST - *S&P DOWNGRADES MF GLOBAL HOLDINGS TO 'D'
Oct. 31 (Bloomberg) -- Removed from creditwatch negative.

:D
 
Quote from kmontevirgen:

Transfer Your Futures Account to Global Futures and receive 100 commission-free* trades!

Sincerely,

Karl Montevirgen
Futures and Forex Broker
KMontevirgen@globalfutures.com
877-367-3177 ext 222 toll-free (US/Canada)
818-996-0404 ext 222 phone
818-996-0401 fax


So, Karl, how many customer segregated monies is Global Futures holding?
Let´s take a look at the latest CFTC report:

http://cftc.gov/ucm/groups/public/@financialdataforfcms/documents/file/fcmdata0811.pdf

And what other service are you offering beyond the usual "execution and clearing"? What do you offer to money managers?
 
To clarify, Global Futures and Forex is a seperate company from Global Futures Exchange and Trading Company. We are not an FCM. We are an IB that works with multiple clearing firms. Please contact me if you would like further information. I am happy to help.
 
Quote from kmontevirgen:

To clarify, Global Futures and Forex is a seperate company from Global Futures Exchange and Trading Company. We are not an FCM. We are an IB that works with multiple clearing firms. Please contact me if you would like further information. I am happy to help.

That's reassuring. I'll wire my funds across shortly... :D :D
 
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