* You are viewing the archive for March, 2009
Sorry for the delay in updating the trading activities on the Euro Yen 30/30 breakout system. So far, we are down 30 pips for the month of March. The results are as follows:
3/2: -30 pips
3/3: -30 pips
3/4: +30 pips
3/5: 0 pips
Crown Forex has been under investigation since December of 2008. Some traders had filed complaints against the broker about having difficulty withdrawing their funds.
In its investigation on the activities of Crown Forex, the Swiss Financial Market Supervisory Authority (FINMA) decision is to liquidate it. Crown Forex has now 30 days to present its allegations against the FINMA decision. As long as the decision is not effective, the accounts of Crown Forex S.A. are blocked and customer withdrawals are not possible. The final resolution will be released not later than March 23, 2009.
