We were told
MF Global accounts were segregated and could not be touched - now we are told «they don't know where» the money went.
Not exact matches
Just ask the traders who owned physical silver in
MF Global's Comex warehouse
account...
Some of that money may never be recovered if, as some regulators now fear,
MF Global used it to cover trading losses and replenish overdrawn bank
accounts.
This announcement — of «possible financial irregularities «-- rather predictably mutated over the w / e into the announcement of a shortfall of GBP 13 million in client funds (sigh, can you say
MF Global, can you say segregated
accounts..?).
MF Global Inc. (Chicago, IL) 2008 Trader Support Representative — Electronic Platform Setups • Provided necessary assistance to brokers through demonstrations and on - going support concerning electronic platform access,
account maintenance, and
MF Global Client Registration website usage • Created and distributed log - in credentials for
account access through various trading platforms based on the specifications required by brokers, traders, and firm risk management personnel • Supported risk management department throughout
account approval process, accurately applying directives to trader platforms
RMB GROUP A Division of
MF Global Inc., Chicago, IL
Account Executive January, 2009 — Present • Establish and maintain relationships with clients located throughout the world in an effort to meet their investing needs as a full service, commodities, equities, and options broker • Solicit futures and securities trade recommendations, based on extensive technical and fundamental research, to customers through phone conversations, in - person meetings, and the regular production and distribution of a trading newsletter • Assist in the growth and management of an international client listing through regular correspondence with customers
Professional Experience RMB Group — A Division of
MF Global Inc. (Chicago, IL) 2009 — Present
Account Executive • Establish and cultivate relationships with clients globally to provide investment solutions as a full service commodities ($ 7.8 million AUM), equities ($ 2.2 million AUM), and options broker partnership • Solicit futures and securities trade recommendations based on extensive technical and fundamental, utilizing polished communication and presentation skills, generating over $ 1 million in production • Aid in the growth and management of the firm's international client listing through regular correspondence with clients, including the production and distribution of a monthly newsletter