Welcome to NexusFi: the best trading community on the planet, with over 150,000 members Sign Up Now for Free
Genuine reviews from real traders, not fake reviews from stealth vendors
Quality education from leading professional traders
We are a friendly, helpful, and positive community
We do not tolerate rude behavior, trolling, or vendors advertising in posts
We are here to help, just let us know what you need
You'll need to register in order to view the content of the threads and start contributing to our community. It's free for basic access, or support us by becoming an Elite Member -- see if you qualify for a discount below.
-- Big Mike, Site Administrator
(If you already have an account, login at the top of the page)
I realize that rankings/ratings aren't definitive, given MF Global being in Top 10 less than two years ago, and anything can happen. Just thought it was interesting.
Hi ThatManFromTexas. I don't post much so I'm still getting the hang of it- hopefully I quoted you right. I just had a thought and wanted to share. Please correct me if I am mistaken, but I got to thinking... can one really divide the number of regulatory infractions over the company's total years in business? In RCGs case 90? So I checked to see if the CFTC and NFA were around back then. Per wikipedia I saw that the CFTC was formed April 15, 1975, and the NFA was founded in 1982. So I was thinking perhaps really the question isn't about how many regulatory violations occurred over total company years in business, but rather about how many regulatory infractions have they had since the founding of the respective regulators which would be 37 (cftc) and 30 (nfa) years respectively. Would this logic make sense or might I be missing something? I'm new to all of this so, I appreciate any extra wisdom.
Better yet, need to know the number of TOTAL infractions for all FCM's on a per year basis, and weight each individual FCM as their score relates to the total.
Exactly my point, we know bl00dy nothing!
And the first step in analyzing any report or study is finding out who paid for it.
So as we don't know anything about the Atlas rating they could just as well have used dice to come up with these numbers.
It would seem all of their info is coming out of the CFTC report, which is free. So not sure why they think it is worth so much money. I went to go find the price, but they must have taken it off the site because I can't find it. So then I pulled up a cached copy of their website:
Interesting that they removed this option. You can't buy the report right now. With all this new press, you would think they would be wanting to sell the reports. But it seems they instead made a decision to take the reports down...