I am seeing the same thing in my MBTrading/Pension account. It is a one way move of my cash to a segregated futures account from my universal...
The Chinese use only one bullet to punish theft of over $40,000.00 US equivalent and some other types of crimes. That has to be a deterrent.
China knows how to reduce large self serving crimes of this nature!
I believe the back office problems are within MBTrading's clearing firm Pension. Pension does not seem to take their futures clearing serious....
Looks that way to me, (futures accounts & margin accounts) if in accordance with regulations.
You must be operating in a "dark room".
Well, only up to the limits of the SIPC insurance limits of $250K/$500K.
You must not have read all of the information provided by the link provided by the original poster of this thread.
I do not think TDAT managed and maintained charting software will be in any way an adequate replacement for QuoteTracker. I will continue to use...
One of my brokers uses Pension. I would not open that account today knowing Pension's current situation. With Pension's share price now under a...
I have been using free WD utility software for this for about 15 years with no issues. I keep the clone copies on the shelf. All drives installed...
I closed my account with Fidelity because in my opinion, based on the non Fidelity real time data feed I was watching, Fidelity was front running...
That makes scene to me. In my opinion, missing commodity client segregated funds should be replaced from other if available funds recoverable...
I would trust Peterffy to invest some of my money. I bought TradeStation based on Peterffy's purchase and made money. He just got blindsided by MF...
I am still using Win2K on my trading PC and internet surfing PC. When Win2K no longer can get the job done, I hope to use Linux. Linux is now OK...
That seems to be what clearing firms are doing.
rm3, Reading the posts on 11-03-11 of this ET thread should help answer your questions:...
I can see the USA Congress using the MF Global failure to protect clients funds as justification to require new regulations and controls of FCM...
JP Morgan denies Holding the MF Global missing client funds. In my opinion, the $658.8 million held at JP Morgan could be the MF Global missing...
I bet trader accounts transferred to Penson will not stay with Penson after the MF Global experience.
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