News Focus
News Focus
Followers 988
Posts 187589
Boards Moderated 5
Alias Born 02/01/2007

Re: langlui post# 22370

Thursday, 03/12/2009 9:45:49 AM

Thursday, March 12, 2009 9:45:49 AM

Post# of 160315
FCStone Group, Inc. (Nasdaq:FCSX), an integrated commodity risk management firm, reported today that it has transferred to a third party substantially all of the positions and liability related to a previously-reported energy trading customer account which had experienced significant losses. The transfer of the positions eliminates all material future exposure of FCStone to the account, for which FCStone provided clearing and execution services on a third-party basis, and preserves FCStone's total available capital well in excess of regulatory requirements as FCStone moves forward.


Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today