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MF Global Singapore unit struggling to close clients' overseas trades
The brokerage, which filed for bankruptcy in the United States on Monday, said it is acting on customer instructions to close out positions on Singapore Exchange but accessing trades placed overseas is proving more difficult. "The company's ability to
Updated: 11/02/2011 07:12P
MF Global May Have Hidden Transactions
(NewsCore) - Commodities and derivatives broker MF Global, which filed for bankruptcy Monday, appeared to have transferred client money after an audit was conducted by CME Group, the exchange operator said in a statement Wednesday.
Updated: 11/02/2011 07:10P
CME: MF Global May Have Tried to Hide Transactions
(NewsCore) - Commodities and derivatives broker MF Global, which filed for bankruptcy Monday, appeared to have transferred client money after an audit was conducted by CME Group, the exchange operator said in a statement Wednesday.
Updated: 11/02/2011 06:57P
CME Group Statement on Court Approval to Transfer MF Global Accounts
2, 2011 /PRNewswire via COMTEX/ -- Throughout this week, CME Group has worked diligently with the CFTC and the MF Global bankruptcy trustee to facilitate the transfer of MF Global customer positions to other qualified clearing members.
Updated: 11/02/2011 06:56P
MF Global's Canadian unit in limbo
MF Global Holdings Ltd.'s bankruptcy has all but shut down the company's Canadian division, leaving its employees in limbo and its clients' accounts entangled in a legal quagmire. Late Tuesday, the Investment Industry Regulatory Organization of Canada
Updated: 11/02/2011 06:50P
MF Global accused over fund transfers
The disclosure came as lawyers for MF Global's bankruptcy trustee raced to arrange the transfer of thousands of commodities accounts before the law requires their liquidation. MF Global, led by Jon Corzine, ex-Goldman Sachs chief executive and former
Updated: 11/02/2011 06:49P
Steve Garvey preparing Dodgers bid
He told ESPN Radio in Los Angeles he and his group are seeking pre-approval from Major League Baseball for their bid, which will be made to the US Bankruptcy Court after embattled current owner Frank McCourt agreed Tuesday to sell the team.
Updated: 11/02/2011 06:48P
Despite Syms, Filene's, it's been a slow bankruptcy year
Many companies stuck between being sick and dying are just holding on, waiting for their businesses to turn around or for asset prices to rise so they can restructure, says Martin Zohn at law firm Proskauer Rose. Volatility in the stock market only
Updated: 11/02/2011 06:46P
Court Approves Transfer of Some Customer Accounts
A bankruptcy judge cleared the way for some customer accounts of MF Global Holdings Ltd. to be transferred to other clearing firms, a first step toward normalcy for thousands of investors caught up in the
Updated: 11/02/2011 06:42P
Soya remains down
US soyabean prices fell for the third day in a row on Tuesday, hitting a three-week low after Greece's call for a referendum on its debt bailout package and MF Global's bankruptcy rattled traders. Corn and wheat traded lower most of the day but found
Updated: 11/02/2011 06:41P
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