mf global

I know many of you use MF Global, and i have an account with them as well. I'm not sure if this risk (see below)refers to counterparty risk for futures and cfd trades, or just their cash management accounts, or both.

March 17 (Bloomberg) -- MF Global Ltd., the largest broker of exchange-traded futures and options, fell 65 percent in New York trading on speculation clients were withdrawing cash. The company said its funding was ``sufficient.''

``There are concerns that their commodities prime brokerage group customers are pulling money out,'' said Michael Nasto, senior trader at U.S. Global Investors Inc., which manages $5 billion in San Antonio. ``The customers have concerns about the financial stability of the firm.''