Corporate account protection for foreigners

Discussion in 'Professional Trading' started by TraDaToR, Mar 21, 2012.

  1. TraDaToR



    I have my little one-man entity in France and a corporate account at a big Chicago FCM. I trust them in being conservative in their client funds management and segregation, but in the case they "pull an MFGlobal", how will I be treated compared to american customers? individual customers?

    I have heard both sides. some says they give priority to americans and most likely, I get totally screwed, some say that clients are treated equally. What is the truth? In my case, the FCM has no London subsidiary and I am a client of the Chicago FCM.

    Thanks a lot.