Tuesday, March 2, 2021
Tags Posts tagged with "finances"

Tag: finances

The lead story on the front page of the Jan. 30 Wall Street Journal reported "that a 'significant amount'" of an estimated $1.2 billion in customer money that disappeared when investment bank MF Global Holdings Ltd. collapsed "could have 'vaporized' as a result of chaotic trading ... the week before the company's Oct. 31 bankruptcy filing."

CHICAGO -- CME Group has taken measures to accelerate the return of substantial customer cash and other assets securely held at CME Clearing, other clearing houses and MF Global custodians following the failure of MF Global Nov. 11.