Wire your money OUT of your future-forex account

[tenthousandmen]

http://in.reuters.com/article/2012/07/17/peregrine-cftc-gensler-idINL2E8IHGI120120717

The National Futures Association (NFA), which was Peregrine's front-line regulator, together with other SROs including CME Group later said that they would "immediately begin the process of confirming the balances of customer segregated bank accounts for all (futures brokerages)."



If you have cash sitting in an uninsured account for more than a few days, maybe you should put it in a bank account. cheers

 

[intradaybill]

They should be doing that real-time or at least after each close. What is holding them back?

 

[denner]

Quote from intradaybill:

They should be doing that real-time or at least after each close. What is holding them back?

You ever seen incoming and outgoing wire transfer fees?

 

[intradaybill]

Quote from denner:

You ever seen incoming and outgoing wire transfer fees?

denner you are an idiot? I thought you were still OK. I meant the NFA should be checking those companies real-time or at least by the close. The technology exists.