Traders Laboratory - View Single Post - Open ECry (OEC) protects clients of troubled broker
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Old 04-24-2008, 10:54 AM
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Re: Open E Cry (OEC) Involved in Forex SCAM?

Leave it to FS to try and dig something up on OEC.

Not sure if FS is pissed at me b/c I put him in his place (as did others) or what.

But, for your viewing pleasure, here is the response from OEC:

Quote:
The sort answer is that Nations did both Forex and Future; they got into trouble on the Forex side of their business and we worked directly with the NFA in transferring in their futures clients to OEC to help protect those accounts.

In other words, OEC CAME TO SAVE THE FUTURES ACCOUNTS AND ASSETS BEHIND THOSE ACCOUNTS.


If you actually took the time to read the entire release AND understood that NFA was involved in this, you would understand how this process actually worked. Instead, you attempt to discredit OEC simply due to your lack of knowledge.

Make sure to send your Thank You note FS to the wonderful team at OEC.


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Last edited by brownsfan019; 04-24-2008 at 11:01 AM.
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