Tuesday, 15 November 2011

MF Global Issues - where is the money!

Its been over 2 weeks since the Mf global bankruptcy but there is still a question where the missing funds are. They still say 600 million is unaccounted for Its been a tough few weeks for me and most likely other traders who had cleared through MF as there is no telling when the funds will be released. So what ever people had in there trading accounts is just sitting there. Also the process of changing clearer is not a quick one so many have been out of action trading for some time myself included.
Its a very frustrating situation and I hope the funds can be rectified soon so that funds can be released.
Its a rough situation and its mainly the little guys getting hurt sadly. Hopefully it can be sorted soon.

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