The Forex conundrum

But not as an FCM, which is what they're representing themselves as!

 

Never represented as an FCM, we have a current client list, have long standing relationship with FCM here at the CBOT that we have personally traded our accounts through. I understand there is a suspicion inherent with this business, as I have the same skew after diving into forex earlier this year. However, being a product of the futures markets as a memeber and trader at the CBOT, I and my associates do not fall under that umbrella.

 

So who is your fcm/fdm for forex transactions - or is this a secret?

 

Not a secret at all, our CBOT clearing firm is Cunningham Commodities and we do all of our Forex accounts through Advanced Markets, LLC.

 

Bye, you can leave now spammer.

 

Don't forget to mention that Advanced Markets needs to raise another $10M by May 16th or it's adios muchachos.

http://www.nfa.futures.org/news/newsNotice.asp?ArticleID=2165

http://www.cftc.gov/stellent/groups/public/@financialdataforfcms/documents/file/fcmdata1008.pdf

 

LOL


Another one bites the dust.

 

They were probably trying to sucker in a bunch of deposits so when they do get shut down they will be able to take the money and run.