Thanks Steve for the emotional support, and thanks Darnelds for
that zerohedge link rating the FCM's.
I had to let the phone ring about 50 times when calling PFG -
they've all lost their jobs so why should they bother even showing
up - but finally someone answered and was able to tell me that our
accounts are being transferred to RJ O'Brien. So the first thing I
did was to look up RJ Obrien on those ratings at zerohedge.
RJ Obrien was much more helpful with information. The guy I
spoke to said that this is a routine procedure for them now,
because they did the same thing for the MF-Global-Canada customers.
The transfer will take 2-3 days so maybe I'll be able to have
access to my account early next week.
So now I know my positions are intact, money is safe, but
meanwhile I still can't trade. I'm short far-out-of-money options
so unless there's a crash up or down (anything's possible) this
week, I'll be ok.
.....Susan
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Thanks Darnelds and Steve
Bad news and Good news PFG update
Posted by sschulman on 11th of Jul 2012 at 11:32 am
Thanks Steve for the emotional support, and thanks Darnelds for that zerohedge link rating the FCM's.
I had to let the phone ring about 50 times when calling PFG - they've all lost their jobs so why should they bother even showing up - but finally someone answered and was able to tell me that our accounts are being transferred to RJ O'Brien. So the first thing I did was to look up RJ Obrien on those ratings at zerohedge.
RJ Obrien was much more helpful with information. The guy I spoke to said that this is a routine procedure for them now, because they did the same thing for the MF-Global-Canada customers. The transfer will take 2-3 days so maybe I'll be able to have access to my account early next week.
So now I know my positions are intact, money is safe, but meanwhile I still can't trade. I'm short far-out-of-money options so unless there's a crash up or down (anything's possible) this week, I'll be ok.
.....Susan