RefcpFX bankruptcy

Discussion in 'Forex Brokers' started by dankilbur, Apr 21, 2006.

  1. dankilbur


    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.


  2. 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.
  3. ScapGF


    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?
  4. here is the link..

    it's a little difficult to read,, but tons of info. there
  5. ScapGF