Mf Global Trustee In Deal With Cme To Release $130 Million

The trustee unwinding the brokerage of MF Global Holdings Ltd. struck a deal with CME Group Inc. that will see the futures-exchange operator turn over about $130 million in property that will go to former customers of the collapsed firm.

BING NEWS:
  • CME Strikes MF Global Deal
    The trustee unwinding the brokerage of MF Global Holdings Ltd. struck a deal with CME Group Inc. that will see the futures-exchange operator turn over about $130 million in property that will go to former customers of the collapsed firm. The figure will be ...
    06/14/2012 - 8:40 am | View Link
  • MF Global fiasco makes case for better client protection
    The MF Global collapse has prompted the government to at least acknowledge the issue with the release of a consultation ... The futures exchange CME Group in the US has guaranteed $US550 million to the bankruptcy trustee of MF Global to increase the ...
    12/18/2011 - 12:09 am | View Link
  • Reading Between The Lines On The Latest MF Global Machinations
    Interesting development in the MF Global story after the close: The $300mm is in the form of a guarantee. The objective is to get the Bankruptcy Trustee to release money owed ... Trustee will accept or reject the CME deal (I’m sure there are strings).
    11/12/2011 - 3:53 pm | View Link
  • Reading Between The Lines On The Latest MF Global Machinations
    Interesting development in the MF Global story after the close: The $300mm is in the form of a guarantee. The objective is to get the Bankruptcy Trustee to release money owed ... Trustee will accept or reject the CME deal (I’m sure there are strings).
    11/11/2011 - 11:53 pm | View Link
  • CME offers $300M to help unfreeze MF Global funds
    NEW YORK (AP) -- A futures exchange that handled trades by failed broker MF Global ... the release of funds frozen since the firm filed for bankruptcy protection. CME Group's announcement that it will provide a "financial guarantee" to the trustee ...
    11/11/2011 - 10:17 am | View Link
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