"Mr Shorten I believe there is approximately 20,000 thousand clients of MF with frozen accts in Australia at present and Sonray had 8000 approx"
gse, MF global went down because their gamble on buying EU sovereign debts..the CFD arm of MF Global in Australia has been a successful business. Its just really unfortunate that parent company went belly up.
",whether dma or market maker is irrelevant . ie ; we take a posi and our provider /dealer uses our funds to trade against us"
That statement is INCORRECT...MM hedges against us and potentially make profit on our losses...not DMA
