MF Global down 60% right now

You are so bitter.

 

How fanciful is it that they tried to corner the market and Dooley was probably a fall guy for the initial losses in a failed strategy and now we are seeing the end game play out? Let's face it, SOMEONE has been driving up commodity futures.

 

MAN clear all exchanges, they are also number 1 on Eurex, which is all financials. I used to clear MAN.

 

"on no apparent news": have you ever traded in your life? News will come later. Price is ahead of news.

 

News must have been leaked to a select group. MF is on the down trend again.

 

NYMEX DOWN $17.00

 

Coz as clearing exchange they have to make good any counterparty but the institution that put the trade on is not good for it i.e. for NYMEX to claim from?

 

It's ALL about the CLEARING FIRM.
They are the "guarantor".

I just had all my money wired out of MF.

 

MF Global shares slump 64%
By Alistair Barr
Last update: 11:51 a.m. EDT March 17, shares slumped 64% on Monday amid a broad decline in other brokerage stocks. MF Global is a leading commodities broker. The stock was recently down 64% at $6.21 during midday trading, outpacing most other brokerage shares. End of Story

 

Leaked???
You can't be serious!
The stock has traded almost 21 MILLION SHARES!