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This is reflecting very poorly on US Brokers


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#1 arbman

arbman

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Posted 01 August 2012 - 11:09 AM

After MF Global, now Knight Capital is being sold down 20% today due to the "execution issues"... This is so strange. Fraud or bankruptcy? Nobody believes in the segregated account BS anymore either. I was complained by a client recently that they really do not trust the small to mid size brokers in US anymore and they would rather pay the premium to big banks for their trading as they eventually get bailed out...