Looking for the straight word on what is going on with this? i.e. When did the problem develop? Current status? Recourse for holders of S&P Managed Futures? (like me) Appreciate any info and referrals to sources of info. Thanks: confused
If you have the time I would do a search "refcofx" on this site and you will find what you are looking for, except for maybe the "Recourse for holders of S&P Managed Futures?" part. But briefly: Q: When did it start? A: Early October 2005 Q: Current status? A: Not looking good for RefcoFX account holders. FXCM has pulled out of their effort to rescue the accounts.
Did I read somewhere that a group of account holders formed some group on Yahoo or something like that? If so, anyone have a link? Secondly, what is the next date on the calendar of the ongoing saga?
here is the link.. http://finance.groups.yahoo.com/group/refcofxaccountholders/ it's a little difficult to read,, but tons of info. there