I have a Preferredtrade account and got this email today. I have not used the account for years, but I would like to know something about whoever is going to be holding my money. Any opinions? Dear Client, I am pleased to announce that PreferredTrade, Inc. ("PreferredTrade") has entered into an Asset Purchase Agreement with Fimat Preferred, LLC ("Fimat Preferred") whereby Fimat Preferred anticipates acquiring substantially all of the assets of PreferredTrade on or before July 1, 2005. Fimat Preferred is a wholly owned subsidiary of Fimat USA, LLC, which is a U.S. registered broker dealer and NASD member. Fimat USA, LLC is a member of the SociÃ©tÃ© GÃ©nÃ©rale Group, one of France's premier banking organizations.