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Search: Posts Made By: GridKing
Forum: Brokers July 23rd, 2012, 07:13 PM
Replies: 859
Views: 261,212
Posted By GridKing
http://www.mrtopstep.com/2012/07/pfgbest-update-co...

http://www.mrtopstep.com/2012/07/pfgbest-update-collateral-damage/
Forum: Brokers July 18th, 2012, 06:49 AM
Replies: 859
Views: 261,212
Posted By GridKing
Peregrine Founder Says He Spent Most of Missing...

Peregrine Founder Says He Spent Most of Missing Money - WSJ.com (http://online.wsj.com/article/SB10001424052702303754904577533121162497112.html?mod=WSJ_hpp_LEFTTopStories)


...
Forum: Brokers July 11th, 2012, 06:59 PM
Replies: 859
Views: 261,212
Posted By GridKing
Gotta say MB Trading I've been with for 6+ years...

Gotta say MB Trading I've been with for 6+ years , not the fanciest shindig but the important stuff seems to be priority and the CEO answers my emails ...
Forum: Brokers July 10th, 2012, 07:26 PM
Replies: 859
Views: 261,212
Posted By GridKing
I wonder if anyone is checking the travel...

I wonder if anyone is checking the travel arrangements of other head honchos this week...
Forum: Brokers July 10th, 2012, 05:24 PM
Replies: 859
Views: 261,212
Posted By GridKing
http://www.mrtopstep.com/2012/07/pfgbest-broken-pr...

http://www.mrtopstep.com/2012/07/pfgbest-broken-promises-shattered-trust-how-it-went-down/

https://nexusfi.com/attachment.php?attachmentid=80867
Forum: Brokers July 10th, 2012, 05:20 PM
Replies: 859
Views: 261,212
Posted By GridKing
http://www.mrtopstep.com/2012/07/pfgbest-broken-pr...

http://www.mrtopstep.com/2012/07/pfgbest-broken-promises-shattered-trust-how-it-went-down/
Forum: Brokers July 10th, 2012, 04:49 PM
Replies: 859
Views: 261,212
Posted By GridKing
Good job! I don't even have a suit anymore...

Good job!

I don't even have a suit anymore lol ...
Forum: Brokers July 10th, 2012, 02:04 PM
Replies: 859
Views: 261,212
Posted By GridKing
I like what you said and all, but fact is a lot...

I like what you said and all, but fact is a lot of these guys and families have been living high on the hog for a long time using other peoples money and when the money stops they feel entitled to...
Forum: Brokers July 10th, 2012, 01:01 PM
Replies: 859
Views: 261,212
Posted By GridKing
CFTC Sues Peregrine Financial Group - WSJ.com...

CFTC Sues Peregrine Financial Group - WSJ.com (http://online.wsj.com/article/SB10001424052702304022004577518680956762826.html)
Forum: Brokers July 10th, 2012, 12:44 AM
Replies: 859
Views: 261,212
Posted By GridKing
Well, if they go bust and you have an open...

Well, if they go bust and you have an open position, you still have a position right? or only maybe

and if this happens would you be better off not selling and wait until your position is in place...
Forum: Brokers July 10th, 2012, 12:31 AM
Replies: 859
Views: 261,212
Posted By GridKing
That doesn't make sense to me unless the futures...

That doesn't make sense to me unless the futures contract doesn't exist in the first place, as in they never purchased it.

Like in Madoff's case where everything was completely made up... right?...
Forum: Brokers July 10th, 2012, 12:21 AM
Replies: 859
Views: 261,212
Posted By GridKing
So if you have futures with a broker that goes...

So if you have futures with a broker that goes bust your margin becomes zero?

If you have cash in a futures account that goes bust your cash is not protected?


Why would they allow customers...
Forum: Brokers July 9th, 2012, 11:31 PM
Replies: 859
Views: 261,212
Posted By GridKing
PFGBest Liquidating Operations...

PFGBest Liquidating Operations (http://www.nasdaq.com/article/pfgbest-liquidating-operations-20120709-01694)
Forum: Brokers July 9th, 2012, 09:46 PM
Replies: 859
Views: 261,212
Posted By GridKing
Isn't this why everyone started the whole market...

Isn't this why everyone started the whole market sweep thing end of day, so they could count our money with theirs? Has that always been the case? I remember seeing the email years ago and thought it...
Forum: Brokers July 9th, 2012, 09:28 PM
Replies: 859
Views: 261,212
Posted By GridKing
yeah the months go from right to left for some...

yeah the months go from right to left for some reason ... I guess they are all so used to doing everything backwards

it makes everyone else look fantastic though doesn't it ...
Forum: Brokers July 9th, 2012, 08:12 PM
Replies: 859
Views: 261,212
Posted By GridKing
I check these every once and a while to see...

I check these every once and a while to see what's doing and if there is something fishy I ask about it

but who knows what's real... they all seem to be dwindling over time

CFTC-Registered...
Forum: Brokers July 9th, 2012, 07:54 PM
Replies: 859
Views: 261,212
Posted By GridKing
SIPC but I don't think that worked out very well...

SIPC but I don't think that worked out very well for MF Global clients not sure ...

I don't think SIPC has much money (It's only funded by member firms)... Wasn't MF Global the first futures based...
Forum: Brokers July 9th, 2012, 07:29 PM
Replies: 859
Views: 261,212
Posted By GridKing
https://nexusfi.com/attachment.php?attachmentid=80...

https://nexusfi.com/attachment.php?attachmentid=80729

http://wcfcourier.com/news/local/pfgbest-unveils-new-headquarters/article_0ecca485-10d8-5613-b90c-9a04ee9f3d8f.html
Forum: Brokers July 9th, 2012, 07:28 PM
Replies: 859
Views: 261,212
Posted By GridKing
I was looking at that too... not sure if related

I was looking at that too... not sure if related
Forum: Brokers July 9th, 2012, 06:55 PM
Replies: 859
Views: 261,212
Posted By GridKing
https://nexusfi.com/attachment.php?attachmentid=80...

https://nexusfi.com/attachment.php?attachmentid=80728
Forum: Brokers July 9th, 2012, 06:53 PM
Replies: 859
Views: 261,212
Posted By GridKing
http://media.futuresmag.com/futuresmag/article/201...

http://media.futuresmag.com/futuresmag/article/2012/07/09/PFGBestNotice.pdf
Forum: Brokers July 9th, 2012, 06:26 PM
Replies: 859
Views: 261,212
Posted By GridKing
Broker's funds frozen after founder's suicide...

Broker's funds frozen after founder's suicide attempt | Reuters (http://www.reuters.com/article/2012/07/09/us-broker-pfgbest-idUSBRE8681C820120709)
Forum: Brokers July 9th, 2012, 06:02 PM
Replies: 859
Views: 261,212
Posted By GridKing
great... ...

great...



https://nexusfi.com/attachment.php?attachmentid=80727
Forum: Brokers July 9th, 2012, 05:54 PM
Replies: 859
Views: 261,212
Posted By GridKing
NFA shuts PFG down, puts it in liquidation only...

NFA shuts PFG down, puts it in liquidation only status, founder attempted a suicide | Forex Magnates...
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