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Dissecting My Forex Funds' Model: How Did The Prop Trading Firm Generate $310M?
The fraud charges against My Forex Funds brought by the US commodities regulator have shocked the rapidly growing prop trading Industry. Since the charges were filed, the business of the prop trading firm has been shuttered, as its assets were frozen.The Commodity Futures Trading Commission's (CFTC) lawsuit named New Jersey-incorporated Traders Global Group Inc. and Canada-based Traders Global Group Inc., both operating as My Forex Funds, along with the CEO, Murtuza Kazmi.Along with the US regul...
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Posted: Sep 15 2023, 13:30
Author Name: financemagnates
Views: 112523