secured funds

Discussion in 'Retail Brokers' started by Strunz, Feb 8, 2011.

  1. Strunz


    I have an account with MF Global Chicago for both Euro and Dollars.
    In the statement Euro are denoted as "Euro secured" while dollars are "USD segregated"
    I know that "segregated" means that if a broker is bankrupt I wouldn't lose my money.
    Can you explain the "secured" money risks where a broker is bankrupt?