As we know, IBFX was taken over by TradeStation in November 2011. IBFX had received a backing of about $40M from someone prior to this takeover. Were they in trouble? Did they have to sell the company for scraps?

Now, hear this; TradeStation was taken over by Monex Group on June 11, 2012. The question is: was TraddeStation in trouble prior to this takeover?

Here is the nail; Monex Group is consolidating all their forex operations into IBFX and claim the company has a capitalization of over $500M. The last one we knew, had a capitalization (customer money) of over $400M and did not fair well.

Things to know; Tradestation was an American company under our regulations. Is Monex Group an American company?

So, what is the story here? Do I see a red herring?

@aligator


Monex is a Japanese company. TradeStation is subject to all US regulations.