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Direct MessagesDate/Time: Sat, 18 May 2024 12:47:24 +0000
Post From: Does AMP invest excess funds and how?
| [2020-07-17 11:13:15] |
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One thing we are fairly certain of, is they certainly could not all be trading with excess funds. Common sense is that would be wholly not allowed and would be very illegal to be using customer segregated funds for that purpose. Any clearing firm holding money on behalf of customers, doing any type of trading or investing beyond holding US treasuries (For USD denominated accounts) using customer segregated funds, would be quickly shut down. The segregated funds for customers would only be held in short-term US treasuries. Although thinking about this some more, when MF Global went down, they were exposed to Greek sovereign debt (At least we think so). Was any customer segregated funds being used to invest in Greek sovereign debt? It does not make sense that would have ever been allowed. We think probably what happened, is their own corporate funds were being invested in the sovereign debt of that country. But were customer segregated funds with MF Global left intact? We do not think so because even the CME we think had to bail them out partially. For further information, refer to: https://en.wikipedia.org/wiki/MF_Global But one thing is for certain, these are very treacherous times that central banks and governments are simply going to make up for the shortfall between expenses, and tax incomes, purely by money printing. We are going to be seeing excessive inflation and everyone is going to be paying for the endless government spending going on. It is best to hedge by investing in gold. Now central banks have suppressed the price of gold (Gata.org), but they cannot keep that scheme up indefinitely. And gold is rising. Sierra Chart Support - Engineering Level Your definitive source for support. Other responses are from users. Try to keep your questions brief and to the point. Be aware of support policy: https://www.sierrachart.com/index.php?l=PostingInformation.php#GeneralInformation For the most reliable, advanced, and zero cost futures order routing, *change* to the Teton service: Sierra Chart Teton Futures Order Routing Date Time Of Last Edit: 2020-07-18 22:07:34
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