|
Futures Brokerage World
News
- MF Brokerage Trustee Traced $105 Billion in Cash Movement
MF Global Inc.?s $1.2 billion in missing customer funds began to filter out on Oct. 26 as the company?s computers and employees couldn?t keep up with margin calls and increased demands for collateral, according to a trustee who has traced where most of $105 billion in cash went during the company?s final days.
futures brokerage 11 Feb 2012 - CFTC says customer-fund review comes up clean
WASHINGTON (Reuters) - The futures regulator said on Wednesday that its spot check of major futures brokerages did not find any material breaches of protections for customer funds. The Commodity Futures Trading Commission conducted the sweep of the industry after the collapse of futures brokerage MF Global in late October and the ensuing search for more than $600 million in missing customer ...
futures brokerage 11 Feb 2012 - SGX, broker launch platform to train futures traders
Singapore Exchange (SGX) is working with Singapore's first futures brokerage on a professional traders development programme, SGX said yesterday.
futures brokerage 11 Feb 2012 - MF Global bankruptcy and customer account update
MF Global failed on Oct. 31, 2011, producing the eighth-largest bankruptcy in US history and the largest commodity brokerage collapse of all time.
futures brokerage 11 Feb 2012 - New Laws Possible In Wake of MF Global's Demise
The Senate Agriculture Committee is exploring regulatory changes following pleas from farmers, cattle ranchers and other futures industry customers who seek stronger protections for their money.
futures brokerage 11 Feb 2012 - MF Global told S&P its capital position was strong
WASHINGTON (Reuters) - Just a week before futures brokerage MF Global filed for bankruptcy, the firm's chief financial officer told analysts at Standard & Poor's that its capital position had "never been stronger," according to the ratings agency. The behind-the-scenes details about MF Global's dealings with McGraw Hill's Standard & Poor's came in a January 17 letter from the rating agency's ...
futures brokerage 11 Feb 2012 - MF Brokerage Has $1.6 Billion Shortfall to Pay Commodity Claims
The trustee liquidating MF Global Inc. brokerage said the firm has a shortfall of at least $1.6 billion to pay commodity customers? claims.
futures brokerage 11 Feb 2012
|