On MF Global Anniversary, Something Still Missing - Reviews of Brokers and Data Feeds | futures io social day trading
futures io futures trading

On MF Global Anniversary, Something Still Missing
Updated: Views / Replies:654 / 1
Created: by aligator Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 100,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors Ė all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you donít need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Thread Tools Search this Thread

On MF Global Anniversary, Something Still Missing

  #1 (permalink)
Market Wizard
Las Vegas, NV
Trading Experience: Advanced
Platform: Abacus, Slide Rule, HP-65, Metastock, TOS, NT
Favorite Futures: Futures
aligator's Avatar
Posts: 3,428 since Aug 2010
Thanks: 1,056 given, 5,831 received
Forum Reputation: Legendary

On MF Global Anniversary, Something Still Missing

"As a customer, should you do business with a broker-dealer or FCM that’s chosen PwC (Pricewaterhouse Coopers) to protect your money?
I wouldn’t."

On MF Global Anniversary, Something Still Missing (CFTC remains zero for four in protecting investors) - PeterLBrandt | PeterLBrandt

On MF Global Anniversary, Something Still Missing (CFTC remains zero for four in protecting investors)
Posted by PeterLBrandt on November 2nd, 2012 Reprinted in its entirety from Forbes.

This article is a wonderful disclosure of the many cover-ups and misdealings that have occurred in the MF Global fiasco. All of us with a stake (financial or professional) in the integrity of the futures markets owe Francine McKenna an enormous debt of gratitute for the way she has researched and followed this situation for the past year.

Editor’s note: Since 2005, four Futures Commission Merchants (“FCMs” or futures and forex market brokers) have gone bankrupt — with their segregated account holders holding the bag to varying degrees. I must remind you all that segregated account holders are NOT investors in their FCMs. These bankrupt FCMs stole funds that were supposed to be safely held in bank accounts. The segregated account customers have lost their funds not from a trading position gone bad, not from an ownership stake in the FCMs, but through the actions of corrupt men and incompetent regulatory action by the federal government. Futures markets represent the only public market without the protection of a government or quasi-government agency (SIPC et al). Yet, despite these bankruptcies the federal government has done NOTHING to enact protections for investment and hedge capital held in bank accounts. The Commodity Futures Trading Commission (CFTC) is a perfect zero for four in protecting investors where it matters most.


Reply With Quote
  #2 (permalink)
Quick Summary
Quick Summary Post

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


futures io > > > > On MF Global Anniversary, Something Still Missing

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Upcoming Webinars and Events (4:30PM ET unless noted)

Journal Challenge $1600 in Prizes & Free Journalytix for all participants!


3 Excellent Entries, and How To Automate Them w/Kevin Davey

Feb 21

The Driving Force Behind the Market w/Earn2Trade

Mar 5

TBA w/Stage5 & iSystems

Mar 12

TBA w/John Grady @ No BS Day Trading

Mar 19

Day Trading Oil Futures: Reducing Risk & Increasing Profits w/DTN IQFeed

Mar 26

Similar Threads
Thread Thread Starter Forum Replies Last Post
MF Global situation GaryD Reviews of Brokers and Data Feeds 100 July 1st, 2015 04:59 AM
The last days of MF Global liquidcci Traders Hideout 1 June 9th, 2012 01:10 PM
After a Delay, MF Global's Missing Money Is Traced kbit News and Current Events 1 February 1st, 2012 04:27 PM
Regulators know where MF Global funds went kbit News and Current Events 0 December 15th, 2011 09:38 AM
JPMorgan Denies Holding The Missing MF Millions kbit News and Current Events 0 November 4th, 2011 03:34 PM

broker, brokers, cftc, commission, fcm, forex, forex market, futures, futures markets, futures trading, information, trading

All times are GMT -4. The time now is 12:28 PM. (this page content is cached, log in for real-time version)

Copyright © 2019 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432 WhatsApp Business, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2019-02-22 in 0.19 seconds with 14 queries on phoenix