Safety and Security
MB Trading understands the importance that customers place on the safety of their funds. Our customer security and peace of mind has always been a priority. Here are some of the facts about MB Trading and MB Trading Futures, Inc:
1 As a member of the Securities Investor Protection Corporation (SIPC), funds are available to meet customer claims up to a ceiling of $500,000, including a maximum of $100,000 for cash claims. For additional information regarding SIPC coverage, including a brochure, please contact SIPC at (202) 371-8300 or visit www.sipc.org.
Securities transaction are cleared through Penson Financial services, Inc.(“Penson”), member of FINRA and SIPC. Penson has purchased an additional insurance policy through a group of London Underwriters (with Lloyd's of London Syndicates as the Lead Underwriter) to supplement SIPC protection. This additional insurance policy becomes available to customers in the event that SIPC limits are exhausted and provides protection for securities and cash up to an aggregate of $600 million. This is provided to pay amounts in addition to those returned in a SIPC liquidation. This additional insurance policy is limited to a combined return to any customer from a Trustee, SIPC and London Underwriters of $150 million, including cash of up to $2 million. Similar to SIPC protection, this additional insurance does not protect against a loss in the market value of securities.
Commodity Futures Contracts and Forex are ineligible for SIPC protection.