Andrew Abraham

andy-0101 My name in Andrew Abraham. I have been investing in commodities and managed futures since 1994. I adhere to the philosophy of trend following. Trend following stresses a disciplined approach to commodity/ futures trading. Successful trend following and commodity futures investing requires patience, discipline and actively managing the risk. What sets me apart from other traders is that I am not only concerned about the return on investment but how much risk I will have to tolerate to achieve my goals.

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If you are interested in contacting for speaking engagements. Please email me at or call 954 903 0638.

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Futures and commodity trading involve substantial risk. The evaluations of futures and commodities may fluctuate and as a result, clients may lose more than their original investment. In no event should the content of this website be construed as an express or an implied promise, guarantee or implication by, that you will profit, or that losses can or will be limited in any manner whatsoever. Past results are no indication of future performance. Information provided on this website is intended solely for informative purposes and is obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible, where projections of future conditions are attempted.



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An Open letter to People in a Position of Influence re. MF Global Bankruptcy

I just received this letter and was asked to post

2 – To pay down a credit line so MFG could keep operating.
3 – To post it as capital to ensure the use of a credit facility.
4 – A combination of 2 & 3.
To emphasize, in today’s brokerage world, all monies wired to an account must come from an account of
the same name. By wiring cash or securities from MFG Customer Seg for credit to an account other than
MFG Customer Seg, the remitting financial institution, receiving financial institution and MFG have
committed heinous crimes.
Some creditor of MFG probably demanded a large amount of cash in the last days of the company. It is
obvious the creditor hasn’t come clean on the receipt of funds.
MFG’s records are a mess but I am sure Harris Bank and JP Morgan’s are not. JP Morgan/Chase’s
website boasts about superior tracking ability for FCM’s doing business with them. If in fact all funds were
accounted for a few days before the collapse, Forensic examiners only have to track transfers for a
handful of days. I hope they started with Harris and JPM and work back to MFG.
Many entities could have acted swiftly to maintain the sanctity of Customer Segregated Funds and faith in
the clearing process…but none did.
CFTC, why didn’t you exercise your authority prior to this case going to bankruptcy?
CME, thank you for your financial support…I hope the findings of your audit are correct.
Trustee, your office has stated missing Customer money is unsecured and put together this cumbersome
process of recovery of funds. Do you remember: “(Customer Segregated Funds)…preclude any claim by
a non-customer creditor of an FCM against securities in a segregated account until all claims for
customers’ equities had been satisfied?” Why don’t you identify the amount of MFG capital and
immediately make the customers whole as the regulation suggests? Most of all, how could you have
possibly given JP Morgan first lien??
JP Morgan/Chase, I hope your customers who did business at MFG and JPM and the rest of the futures
industry understand that you are screwing them.
Most of all, MFG creditors…the biggest of which is JPM…you are the most logical place for the missing
customer money. Did you accept Customer Seg money and credit an account that was not Customer
Seg?…someone did and there are only a few suspects.
Just a thought – Do you think this is the first time MFG used Customer funds for house use???
All entities in a position of power in this case have a tremendous amount of egg on their faces.
All Regulatory and civil law changes made in recent years have been designed to increase protection to
the account holder and grant regulators more authority than ever in dealing with potential brokerage firm
The cumulative actions of those listed above contradict the spirit of futures industry customer protection
regulations that have been the cornerstone of our industry.
Mr. Senator, Congressman, Mr. Geithner or even Mr. President, MF Global claimed to have $1.2 billion in
capital at the time of filing. The customer shortfall is estimated to be about 50% of that. The US
government has made it clear that no one is too big to fail, however while this mess is getting sorted out,

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