Refco FX, one of the largest firms in the Forex industry, has recently announced it’s filing for bankruptcy protection. Refco FX, a subsidiary of Refco Group, has finally fallen to its parent company’s financial troubles and has been forced to suspend all trading.
Refco Group experienced a massive devaluation earlier this year as a result of its CEO, Phillip R. Bennet, being accused of a scheme to falsely inflate the company’s stock price through improper accounting practices. Refco FX was initially unaffected by the scandal, but has recently announced its inability to proceed.
Read more here.
Subscribe to:
Post Comments (Atom)
7 comments:
In my live trading account I can trade below one pip trading spread facility with no requotes guarantee! That’s way, I am really thankful to ECN Forex broker TradingBanks! No doubt, this is the most friendly trading broker for scalping trading! Now I am earning more than 40% by doing only scalping trading! Even, I get low trading spread here on Gold and Silver!
Every market has spread and so does Forex. Spread is simply defined as the difference between ask and bid price. It is known as commission taken by broker. Low spread broker is always propitious to the traders. Trade12 is offering the lowest spread to the traders.
Nice informative blog. Thanks for providing details. I like your blog
TraderVC reviews
good
Your post is very helpful!
It’s really amazing to have great stuff.
thanks a lot for sharing it.
I would like to offer a great topic for you. Once check it for valuable information.
Forex
Forex
Currency Trading
Currency Trading
Your post is very helpful!
It’s really amazing to have great stuff.
thanks a lot for sharing it.
I would like to offer a great topic for you. Once check it for valuable information.
Equity Market
Equity Market
Equity Market
Equity Market
Excellent Post. I just bookmarked your blog and I have really enjoyed reading your blog posts. Stocks Hit 52-Week Low On NSE Visit our website for more stocks related information.Thanks
SBI Card IPO Subscription Details
Foreign Exchange Market
Foreign Exchange Market
Post a Comment