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Old 06-29-2007, 09:24 AM
rooky123 rooky123 is offline
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I thought NFA stands for National Future Associations, what does forex have to do with futures...wasn't Forex Run by the IMF-International Monetary Funds or Foreign Exchange and SEC., I don't pay much attention to the exchanges. Maybe the Broker you mention is bettting against client and they loses, never know, I have seen refco and other broker did it and they were broke because they bet against client and they lost. You have to know that there are some very good big client trader such as Warrent Buffet if they bet against this kind of client they will lose big time...How can a huge broker like refco and Neimex go broke all they have to do is sit back and collect commission. The only way they go broke is trade bet against clients and they lose they can't fullfill it.
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