Search results
Results from the WOW.Com Content Network
MF Global, formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011.MF Global provided exchange-traded derivatives, such as futures and options as well as over-the-counter products such as contracts for difference (CFDs), foreign exchange and spread betting.
At March 31, 2011, securities sold under agreements to repurchase of $14,520,341, at contract value, were de-recognized, of which 52.6% were collateralized with European sovereign debt.
What: Shares of financial broker MF Global (NYS: MF) were getting slammed by investors for a second day in a row, falling as much as 42% in intraday trading on massive volume.
During the meeting [on Friday Oct. 21, 2011 -- 10 days prior to the firm's bankruptcy filing], MF Global made clear to Moody's for the first time that MF Global's repurchase-to-maturity ...
For premium support please call: 800-290-4726 more ways to reach us
For premium support please call: 800-290-4726 more ways to reach us
Before most of the world knew MF Global (OTC: MFGLQ) was preparing to file for bankruptcy, regulators knew that customer money had been moved. Much of it, an estimated $1.2 billion at last count ...
For premium support please call: 800-290-4726 more ways to reach us