The Latest News on the MF Global Bankruptcy Filing

November 4, 2011 01:00 AM


News and Reports

As markets prepare to open Sunday night, there are more questions that answers about the MF Global transfer of positions.
Knee-Jerk Action and Reactions Hold Markets Flat
The MF Global bankruptcy knocked the market off-balance to start the week. Conflicting fundamentals never let grains regain momentum.



What Happens Now as MF Global Funds Transfer
Jerry Gulke explains how the process works with the transfer of funds in MF Global trading acocunts, and how that will impact farmers who have accounts there. 

You could say that it was almost like this week did not even exist. However, the clients and employees at the commodity trading firm MF Global would strongly disagree.
Little good fundamental news, coupled with unknowns from Europe and MF Global bankruptcy leaves markets flat this week.

Follow MF Global Developments on Twitter
MF Global accounts are moving to new clearing houses today, but it's not expected to be smooth. Follow updates from traders and the financial community here.

A portion of the positions held by MF Global clients have been released, but Pete Meyer expects massive margin calls this afternoon following the market close.

Scale of MF Global Bankruptcy Remains To Be Seen

Many questions surround the availability of trading funds from MF Global account holders.

Audio: CME Alleges MF Global Transferred Funds After Audit
Pete Meyer, publisher of Opening Print, says CME statement alleges serious charges against bankrupt trading firm.  

Letter from CFTC To CME Regarding MF Global  
The CFTC responds to the CME. Outlines that 11.6% of money is missing from MF Global segregated accounts.

CME Statement Nov. 2 About MF Global Transfer of Funds
Serious charges about MF Global transferring of funds following a CME audit last week.

MF Global Bankruptcy Will Reduce Liquidity
One of the largest bankruptcy filings in U.S. history will remove liquidity, says Peter Meyer. But rumors of forced liquidity are so far unfounded.



pete meyerOpening Print by Peter Meyer


GregVincentAgriculture's Big Picture by Greg Vincent


Other Information on the Web

MF Global Trustees Information


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