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:
  • Judge OKs $175M MF Global Inc., CME Settlement
    Law360, New York (August 10, 2012, 6:02 PM ET) -- The judge overseeing the bankruptcies of MF Global ... CME to the SIPA Trustee’s claims resolution process." Judge Glenn also said Hamann failed to support his objection with adequate facts regarding the ...
    08/10/2012 - 11:02 am | View Link
  • CME Strikes MF Global Deal
    That figure depends on total claims and recovery efforts, according to the trustee's spokesman. Under terms of the agreement struck Thursday, CME's own claims will have a lower priority of payment than MF Global's former customers'. "This agreement ...
    06/14/2012 - 8:40 am | View Link
  • CME, MF Global trustee reach deal to release $130 mln
    Futures market operator CME Group Inc. (NYSE:CME) and the trustee unwinding brokerage firm MF Global Thursday struck a deal that will see $130 million go to former customers of the collapsed firm. Under terms of the agreement struck Thursday, CME's own ...
    06/14/2012 - 6:58 am | View Link
  • Did MF Global write you a rubber check?
    A: CME Group has been in regular communication with the Trustee concerning checks that were dishonored as a result of MF Global’s bankruptcy. The Trustee intends to take dishonored checks into account in future interim distributions. However, at the same ...
    11/28/2011 - 3:00 pm | View Link
  • Your Complete Guide To Every Important Event In The MF Global Meltdown
    The company decides to release ... MF Global are halted and MF Global traders are blocked from going onto the floors of the CME, NYMEX and the Intercontinental Exchange. The New York Fed also strips the firm of its primary dealer status earlier. A trustee ...
    11/27/2011 - 11:00 am | View Link
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