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Since Refco and Man Financial were not listed under NFA but rather under
CBOT and CME respectively and their % caital/required capital is less
than 1, do you suppose that they may not belong to NFA because of the
reserve requirement?
Attatched is the full sheet including the above two with ratios
calculated/presented in column C.
Your input as to these two clearing houses being large is appreciated.
Any thoughts as to why they may not appear under NFA and have such low
reserve ratios would be be welcome.
Sincerely,
Kate
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Attachment:
clearing house.xls
Attachment:
Description: "Description: MS-Excel spreadsheet"
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