Refco - Announcements, Interviews & News Stories

Trading Technologies and Refco/EasyScreen settle patent dispute

Trading Technologies International, Inc. (TT) today announced it has reached a settlement agreement with Refco Group Ltd., LLC, Al Togut, the chapter 7 trustee of Refco, LLC, Refco EasySolutions, LLC, Refco Screens, Limited (formerly EasyScreen Ltd.) and other Refco related entities (collectively, "Refco").

06 December 2006

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Refco deal to sell FX accounts to Gain is terminated

Refco Inc. (OTC: RFXCQ) said today that the proposed agreement with privately held GAIN Capital Group (GAIN), under which GAIN was to acquire the Refco F/X Associates (RFXA) retail customer account information and related assets, has been jointly terminated.

26 July 2006

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Gain Capital to acquire Refco's FX client portfolio

In a motion filed with the Bankruptcy Court today, Refco Inc. (OTC Bulletin Board: RFXCQ) said it has proposed to enter an agreement with privately held GAIN Capital Group (GAIN), under which GAIN would acquire the Refco FXA (RFXA) retail customer account information and related assets.

06 July 2006

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Refco board resigns

Refco Inc. announced today that Stephen M. Brecher, CPA, CIRA and a member of the New York Bar, has been appointed to serve as an independent member of the company's board of directors.

16 January 2006

/payments

Refco receives approval for online FX asset sell-off

Refco Inc. (OTC: RFXCQ) announced today that it has received Court approval of bidding procedures for the proposed sale of assets related to Refco's online foreign-exchange trading unit, namely:

18 December 2005

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Refco publishes list of assets

Refco, Inc. (OTC: RFXCQ.PK) has posted on the Internet Web site the schedules of certain assets, client accounts, and intercompany balances of its unregulated Refco Capital Markets, Ltd. unit (RCM), as ordered by the United States Bankruptcy Court.

06 December 2005

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FXCM agrees to purchase Refco FX accounts

Forex Capital Markets LLC (FXCM) has signed a Memorandum of Understanding with units of Refco, Inc., with an agreement to do the following: FXCM or an affiliate has agreed to purchase the retail client accounts of Refco FX Associates LLC, which are traded on the FX Trading Station platform.

14 November 2005

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Refco receives additional bids for assets; sets auction date

Refco, Inc. (OTC: RFXCQ) said today that it has received bids from five entities interested in acquiring some or substantially all of Refco's assets through a proposed sale under section 363 of the U.S. Bankruptcy Code.

07 November 2005

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Refco reports growing interest in sale of regulated subsidiaries

Refco, Inc. said today that there is strong and growing interest in the sale of its regulated subsidiaries, which were excluded from the company's Chapter 11 filing.

27 October 2005

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JC Flowers pulls out of Refco bidding

FGS Acquisition Group today issued a statement.

25 October 2005

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Interactive Brokers bids for Refco's futures unit

Interactive Brokers Group (IBG), a technology leader in global brokerage services, has made a bid to purchase Refco's entities engaged in regulated futures and commodities trading activities.

21 October 2005

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Refco to sell off futures business; files for Chapter 11

Refco, Inc. announced today that it has entered into a memorandum of understanding with a group of investors led by J.C. Flowers & Co. LLC for the sale of the Company's futures brokerage business conducted through Refco LLC, Refco Overseas Ltd., Refco Singapore Ltd. and certain related subsidiaries and other assets.

17 October 2005

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