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Please contact Gary Rizzi at (212)-845-5145 and Rob Falk at (212)-845-5086

The Logical Trader:
Applying A Method To The Madness

Simple Logic:
NO trader can be consistently profitable by relying on gut instinct or a "knack" to predict the next market move. (click here for more)

2012 Logical Trader Symposium
For the Benefit of Make-A-Wish Foundation

Date to be determined

More Info To follow

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About MBF Clearing Corp
Founded in 1987, MBF Clearing Corp. is widely-recognized for our preeminent role within the global futures markets, and for being one of the Industry’s leading non clearing futures commission merchant (FCM). (click here for more)

The MBF Alpha Commodities Index (MACI) diminishes the volatility of rolling commodities forward. By mitigating the effects of contango and backwardation, the MACI provides a real-time benchmark that emulates the pure Alpha return of the underlying commodities instrument in the index.
(click here to view real time price for MACI)
(click here for more info on The NYMEX Crude Oil MACI Index )

corporate news

PRESS RELEASE

March 13th, 2012: During the financial crisis, MBF Clearing Corp. invested customer segregated money in a U.S. government money market fund in the strongest bank in the world, JP Morgan. Today the CFTC filed a complaint alleging that the JP Morgan account did not meet the CFTC's requirements for a customer segregated account. The complaint admits, however, that MBF Clearing Corp. was informed by JP Morgan on the actual account statements that JP Morgan sent to MBF Clearing Corp., that the account was, in fact, a “Commodity Customer Segregated Bank Account.” What the Complaint fails to say is that MBF Clearing Corp. had placed its customer funds into the JP Morgan government money market account two days after Lehman Brothers filed for bankruptcy, for the sole purpose of protecting its customers' funds by depositing them in the safest bank in the world and in the most secure investments, namely U.S. government securities. As soon as MBF Clearing Corp. was notified by the CFTC that the JP Morgan account might not qualify for segregation, MBF Clearing Corp. moved all of the customer funds out of this account and reported what had occurred to its designated self-regulatory agency, the CME Group, Inc. Not a nickel of customer money was lost.

We are disappointed that the CFTC has chosen to address this matter through an enforcement proceeding, particularly since MBF Clearing Corp. and its customers were, like many others, victims of the failure of MF Global to the tune of millions of dollars. Consistent with its approach of protecting its customers, however, MBF Clearing Corp. took the MF Global losses onto itself and made all of its customers whole.