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
  • CME to increase MF Global guarantee
    CME Group on Tuesday moved ... existing guarantee designed to expedite the release of MF Global client funds trapped by its Oct. 31 bankruptcy. CME said it would increase the guarantee offered to MF Global's trustee to as much as $600m from the $300m ...
    11/22/2011 - 11:00 am | View Link
  • Insight:Anger mounts as MF Global clients see $3bln still frozen
    After weeks of intense lobbying by customers and exchanges, trustee James Giddens last week won court approval to release ... CME Group referred all questions to the trustee. While customers were initially outraged at the thought that MF Global had tapped ...
    11/20/2011 - 1:16 am | 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
  • MF Global trustee seeks cash release
    The trustee overseeing ... firms to MF Global serving as the landing spot for customers' money. A financial guarantee of $300 million put forth by futures exchange operator CME Group Inc. CME, -0.08% last Friday aided in the effort to release some cash ...
    11/15/2011 - 11:11 pm | View Link
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