Here's my warning call:
Get out of FXDD; could be major pain to come, not dissimilar to that of Refco.
Too many outpoints to forgive/forget/overlook.
Not a single satisfactory, acceptable or even remotely excuseable reply to my questions pertaining to "due diligence".
Besides the collapse of the system yesterday, I now get a confirmation email that the swap calculations have not only been wrong for several weeks, but have been erratically wrong with different formulae being used to calculate the
wrong results.
Erratic is an appropriat word, so is
effluvium.
Shocking!
