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:
  • MF Global payouts could take 6 years
    But she went to complement their actions since the collapse of MF Global, including CME’s creation of a guaranteed fund. “The guaranteed fund liberated the trustee to release money that I don’t think he was inclined to release without it,” she added.
    06/4/2012 - 1:00 pm | View Link
  • MF Global Trustee May Sue Company Employees
    The trustee liquidating MF Global’s broker-dealer said he may bring civil lawsuits against some of the company’s employees in connection with ... Giddens is seeking to require customers to release certain claims against third parties and assign those ...
    04/12/2012 - 9:07 pm | View Link
  • Latest MF Global payback plan goes before judge
    (Reuters) - The trustee liquidating MF Global’s MFGLQ.PK brokerage will ask a bankruptcy court on Thursday to release $685 million to former MF ... of a $1.6 billion shortfall when futures exchange CME Group Inc (CME.O) has ballparked the gap at not ...
    04/11/2012 - 5:13 pm | View Link
  • MF Global Customer Counsel Koutoulas: JPM Stalling on First Lien Request, CME Likely to 'Make Investors Whole'
    James Koutoulas is CEO of Typhon Capital Management and recently founded the Commodity Customer Coalition (CCC), comprised of over 7000 customers of MF Global ... reasonable. The trustee has sped up this recovery process. The CME has gone part of the ...
    11/17/2011 - 12:22 pm | View Link
  • 'It's nefarious or illegal,' says finance chief probing missing $600m at bankrupt broker MF Global
    Today, the trustee overseeing ... a suit seeking to release their funds, and last week the CME Group made an unprecedented offer to put up $300 million of its own funds as a guarantee to try speed up the process. The collapse of MF Global, once the eighth ...
    11/16/2011 - 1:31 am | View Link
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BING SEARCH:
  • MF Global
    MF Global delivers trading and hedging solutions across all major markets for futures and options,commodities,fixed income,equities and foreign exchange.
    10/12/2017 - 12:31 am | View Website
  • MF Global: CME to Provide $300 Million Guarantee to SIPC ...
    Home MF Global MF Global: CME to Provide $300 Million Guarantee to SIPC Trustee To Expedite Release of Futures Customer Property. MF Global: CME to Provide $300 ...
    09/22/2017 - 1:48 pm | View Website
  • MF Global Trustee's Agreement with CME Group | New York ...
    MF Global customer trustee's ... MF Global Trustee's Agreement with CME ... Upon return of the regular form Declaration and Release used by the Trustee on ...
    09/17/2017 - 8:28 pm | View Website
  • Customer Class Representatives, CME Group, And MF Global ...
    In an agreement between the Trustee and CME, ... by the CME to the Customers of MF Global, ... of Chicago Mercantile Exchange Inc. CBOT and the ...
    11/5/2013 - 6:59 pm | View Website
  • Judge Approves Deal Between MF Global Trustee, CME
    A judge on Friday approved a deal between CME Group Inc. and the trustee unwinding the brokerage of MF Global Holdings Ltd. that calls for former MF Global brokerage ...
    08/10/2012 - 2:14 pm | View Website
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