FuturePath Trading is an IB, not a FCM. Clearing through MF means the funds are held are MF. Don Miller switching to the Photon platform just means using FuturePath Trading as an IB with the account funds still held at the same clearing firm as before: MF Global.
You are correct, just assumed they were an fcm as I do not know many ib's that add any value other than hand holding for noobs. Oh wait! Now I see why Linda uses an IB, she has skin in the game! ____________________________________________________ Meet our Staff: Linda Raschke, Managing Director, Industry veteran since 1981.
from the man http://donmillereducation.com/journ...utm_campaign=special-post-mf-global-inquiries sounds like he's 'involved'.
this part is funny: "For it wasnât until Thursday morning that Deb and I prayed together for God to directly intervene and unleash his full power and might to guide the regulators to ensure His assets remained in His kingdom." like god gives a shit about a speculator who could have taken the money from people far more deserving than he is while at the same time god ignores the pleas of the 25000 children a day who die of starvation.
Don Miller and Goldman Sachs, both doing God's work in the market! Seriously, I feel for Don and hope he get's made whole in this debacle!!
Agree Don is often quite melodramatic. But, in this case he may have lost millions through no fault of his own, even if only for a time. Not sure why anyone would want to "rip" him for that. But then again this is EliteFailedTrader.. I'm sure everyone here wouldn't even be phased by such a situation.. lol