After having received 26 cents on the dollar, we got another chunk of cash (another 5 cents on the dollar) from Refco FX... They also promised us that more would be coming... anyone else?
Similar experience. First check 22.5%, then last week another for 7.5%. 30% back so far, which is more than we expected to get.
My guess is that 99% of the RefcoFX account holders - including me - didn't have a clue how their funds were held at RefcoFX. RefcoFX was one of the largest FX brokers with I believe $20 Billion in assets and lots of slick advertising so fund safety wasn't on peoples minds when they opened up accounts. Even to this day I still don't know exactly how RefcoFx administered my funds, but I'm very happy to get back 26% of what I thought was going to be a 100% loss, now it appears I might get more back.