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GlobalFXTrainer replied Nov 3, 2005FXCM clearly wants to remove Refco as a shareholder; the would provide some cash to the Bankruptcy court as well. In exchange I'm sure what they're asking the judge is to pass the RefcoFX customer accounts in tact (with their cash) over to FXCM. No ...
All withdrawals from Refco FX "frozen"
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GlobalFXTrainer replied Nov 2, 2005Refco -- FXCM Sale? — Have you heard about the purchase of RefcoFX client base by FXCM and also the purchase of Refco's share in FXCM by itself? Drew Niv was on DailyFX and there's a dialog on there -- sounds encouraging.
All withdrawals from Refco FX "frozen"
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