MF Global - WTF! Customer money gone missing?

Discussion in 'Wall St. News' started by benwm, Oct 31, 2011.

  1. Until you get sent to jail...which is exactly where Corzine is going !
     
    #51     Nov 2, 2011
  2. MF actually was more expensive in commisions than other firms. You could get cheap trading only through its introducing brokers.
     
    #52     Nov 2, 2011
  3. zdreg

    zdreg

    bear stearns refused to accept discount brokerage firms as clients
     
    #53     Nov 2, 2011
  4. Huh? MF was more expensive than the other large FCMs? Before you answer, look closely at lists of the largest firms, such as this one from a couple years ago:

    01 GOLDMAN SACHS & CO
    02 NEWEDGE USA LLC.
    03 JP MORGAN FUTURES INC
    04 UBS SECURITIES LLC
    05 CITIGROUP GLOBAL MARKETS INC
    06 MERRILL LYNCH PIERCE FENNER & SMITH
    07 MF GLOBAL INC.
    08 DEUTSCHE BANK SECURITIES INC
    09 BARCLAYS CAPITAL INC
    10 MORGAN STANLEY & CO INCORPORATED
     
    #54     Nov 5, 2011