Trading at the UK-based proprietary trading firm, Futex, has allegedly been halted following an injunction against it, according to market sources. Although phone calls to Futex’s UK offices went unanswered, sources close to the firm say that an injunction has been issued against it, with trading suspended as a result. The alleged injunction is believed to have been issued by a trader at the firm.
http://www.profit-loss.com/articles/...ading-at-futex
Sources say that a trader within the firm requested withdrawal of his funds, but there was not enough cash to pay him out. And they have 50 traders within the firm.
http://www.profit-loss.com/articles/...ading-at-futex
Sources say that a trader within the firm requested withdrawal of his funds, but there was not enough cash to pay him out. And they have 50 traders within the firm.