Future Traders News Today

Future Traders Corporation Ltd.: BaFin Prohibits Unauthorised Safe Custody Business And Unauthorised Investment Broking And Investment Advice Services Date BaFin ordered Future Traders Corporation  Ltd., based in the Netherlands, to immediately cease its unauthorised conduct of safe custody business and its unauthorised provision of investment broking and investment advice services. The company targets German customers and offers them broking services for shares and bonds. It provides...

>> bill: by so-called future traders. those who buy sel ig >> bill: these two guys, what were they doing? >> they both bought long and sold short and made $50 million. thats the allegation commodity future. >> bill: what did they buy? >> they bought crude oil. they bought into the physical market. >> bill: they actually bought barrels of oil. >> thats right. >> bill: from opec? >> no. they bought that from new york mercantile exchange. all of this taking place. want to have a little fun in cushi...

>> bill: by so-called future traders. those who buy short, sell short, buy long, this and that. >> right. >> bill: these two guys, what were they doing? >> they both bought long and sold short and made $50 million. thats the allegation commodity future. >> bill: what did they buy? >> they bought crude oil. they bought into the physical market. >> bill: they actually bought barrels of oil. >> thats right. >> bill: from opec? >> no. they bought that from new york mercantile exchange. all of this t...

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