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PFGBest Accounts Frozen (PFG scandal big thread)


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PFGBest Accounts Frozen (PFG scandal big thread)

  #591 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011


TradeWind View Post
PFGBEST Statements ✆ [email protected]

to johngtk
Peregrine Financial Group. Inc. is being liquidated pursuant to subchapter IV of title 11 of the United States Code in the United States Bankruptcy Court for the Northern District of Illinois, Case No. 12-27488 (the "Bankruptcy Case"), and is no longer an operating entity. Please note that this document reflects activity solely as of the date reflected on the statement. Moreover, this document is not a final account statement and is provided to you solely as a courtesy to assist in reconciling your records and should not be deemed an admission or statement of position of the Trustee of Peregrine Financial Group. Inc. regarding the ultimate allowed amount or treatment of your claim in the Bankruptcy Case.

@TradeWind

i believe here is your misplaced pfg statement that won't open from your quote.

hope this one is not tabooed and would open to show some pfg inside story.... LOL

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  #592 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
Trading: NQ,ES
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Lisyara View Post
I think, Mike, its high time to take initiative in your own hands and set up an FCM of yours. (futures.io (formerly BMT) Futures - nice name imo ). I hope few people in this fantastic forum will help. The high standards that you apply here will easily translate into sound and trustworthy business ethics. I am sure you will report every dollar of customer money at decent bank and it WILL be true.

You should have seen the April Fools's day announcement. There was a new futures.io (formerly BMT) trading platform and prop firm with the best speed and clearing in the world. And all of us members were going to automatically have top accounts in this new firm. ; I think AJ Tderrick had a thread about this idea of a futures.io (formerly BMT) prop firm sometime but I don't know where it is now. And welcome to the forum !

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  #593 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011


PFGBest's fraud went undetected in two agency reviews

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  #594 (permalink)
 
GridKing's Avatar
 GridKing 
San Diego, CA USA
 
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https://www.mrtopstep.com/2012/07/pfgbest-update-collateral-damage/

"Successful trading is one long journey, not a destination" Peter Borish Former Head of Research for Paul Tudor Jones speaking on conversations with John F. Carter
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  #595 (permalink)
 Cloudy 
desert CA
 
Experience: Intermediate
Platform: NT7, various
Broker: various, TDA
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Posts: 2,124 since Jul 2011
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https://open.salon.com/blog/charlesjware/2012/07/19/russell_wasendorf_sr_peregrine_financial_group_inc

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  #596 (permalink)
 
Serninja's Avatar
 Serninja 
Germany
 
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Did anyone made a recording of this CCC Public Conference Call? Appreciate a link if available. Thanks!

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  #597 (permalink)
 
ThatManFromTexas's Avatar
 ThatManFromTexas 
Houston,Tx
 
Experience: Advanced
Platform: NinjaTrader
Broker: Mirus Futures/Zen-Fire
Trading: TF
Posts: 2,265 since Feb 2010
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Lisyara View Post
I think, Mike, its high time to take initiative in your own hands and set up an FCM of yours. (futures.io (formerly BMT) Futures - nice name imo ). I hope few people in this fantastic forum will help. The high standards that you apply here will easily translate into sound and trustworthy business ethics. I am sure you will report every dollar of customer money at decent bank and it WILL be true.


Cloudy View Post
You should have seen the April Fools's day announcement. There was a new futures.io (formerly BMT) trading platform and prop firm with the best speed and clearing in the world. And all of us members were going to automatically have top accounts in this new firm. ; I think AJ Tderrick had a thread about this idea of a futures.io (formerly BMT) prop firm sometime but I don't know where it is now. And welcome to the forum !

You just need $5,000,000 in operating cash and about another $1,000,000 for seats, memberships and expenses ... and you too can apply to be a clearing FCM .... I would do it myself but they keep saying.... must be of high moral character... so that pretty much eliminates me....

I'm just a simple man trading a simple plan.

My daddy always said, "Every day above ground is a good day!"
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  #598 (permalink)
 olobay 
Montreal
 
Experience: Intermediate
Platform: MultiCharts
Broker: DeepDiscountTrading.com
Trading: CL
Posts: 364 since Jul 2011


Serninja View Post
Did anyone made a recording of this CCC Public Conference Call? Appreciate a link if available. Thanks!

@Serninja Here you go. It's on their website too.

UPDATE: CCC Public Conference Call Recording

Attached Files
Elite Membership required to download: CCC_ Conference Call July 23 2012.rar
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  #599 (permalink)
 brevco 
Denham Springs, LA
 
Experience: Advanced
Platform: Amibroker / Ninja Trader
Broker: Mirus Zenfire
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ThatManFromTexas View Post
You just need $5,000,000 in operating cash and about another $1,000,000 for seats, memberships and expenses ... and you too can apply to be a clearing FCM .... I would do it myself but they keep saying.... must be of high moral character... so that pretty much eliminates me....

I will vouch for you!!

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  #600 (permalink)
 
nakachalet's Avatar
 nakachalet 
siam, west coast andaman sea
 
Experience: Master
Platform: ninja
Trading: gc, cl, tf, 6e
Posts: 512 since Aug 2011



mattz View Post
We have at times lost customers to PFG because prospects were more familair with a company that plastered their ads in every hole possible., despite the fact that we have a better feed, better commissions, etc

Big Mike has done so much in educating customers on feeds, latency, excution that I am simply happy that traders would be able to make better choices in the future. Go with brokers who invests in technology and execution, not brokers with ads that take an entire page in their own publication.

@mattz

with hind sight, yours would be a more secured company to trade thru.

and i agree with your statement completely on....

We have at times lost customers to PFG because prospects were more familair with a company that plastered their ads in every hole possible., despite the fact that we have a better feed, better commissions, etc


Go with brokers who invests in technology and execution....

alright, i might be one of your future potential paid customers, now

would you mind convince me and many many other traders on board here....

JUST HOW YOU AND YOURS ARE A NOTCH OR TWO ABOVE THE REST.... pls;



....despite the fact that we have a better feed....?

just how much better and how much faster and how much more reliable are your live signal?

Q1--and JUST HOW IS YOUR SIGNAL BETTER AND FASTER THAN, FOR EXAMPLE;

ESIGNAL'S AND

TRADING TECHNOLOGY'S.... for example....? and

2--do you have some special arrangements to have such exclusive signal arrangements, not available to other signal providers....?

3...better commissions, etc...?

just how much better are your comm than the rest of the markets, pls.....?

4--and how does your company accomplish such admirable attainment that other brokerages are not able to.... pls?



5--and the issue of deposits and on money safety issues and such....

HOW IS YOUR COMPANY SUPERIOR OR MORE SECURED THAN THE REST, pls?

am providing you a golden opportunity to ads whatever you like here....

thx much for your responses to my earnest search for a reliable and secured brokerage to park my next trading funds....

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