One would have thought that the 15,000 clients concerned would have jumped through rings of fire to see the deal finalized. However, a group of them have made their dissent heard, much as they did when Refco proposed to sell the unit to Forex Capital Markets (FXCM) at the tail end of 2005.
Fuming customers
A report in the tabloid New York Post detailed how “fuming customers of disgraced futures giant Refco”, were “calling the shattered firm’s move to sell their accounts to a rival brokerage a ‘raw deal’.
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