• Further Information Regarding the Third Interim Distribution of Customer Funds to Clients of MF Global Inc.

      • To
      • Clearing Member Firms
      • From
      • CME Clearing
      • #
      • 11-446
      • Notice Date
      • 12 December 2011
      • Effective Date
      • 12 December 2011
    • On Friday, December 9, 2011 the U.S. Bankruptcy Court approved a petition by the SIPC Trustee for a bulk transfer and distribution of up to $2.1 billion to former MF Global Inc. commodities customers. The intent of this third distribution is to restore 72% of US segregated customer property to all commodities customers on a pro rata basis. As such, many US segregated customers who have already taken part in one of the first two interim distributions or have yet to receive a distribution may be entitled to receive further funds. The distribution for each account will be calculated based on the Net Liquidating Value on the day prior to transfer. CME Clearing is assisting in this third interim transfer which will be administered in the same manner as in the previous interim distributions. That is to say, a number of clearing firms have agreed to accept the accounts of former MF Global customers and allow them the opportunity to trade, or simply access their funds. Clients are asked to email CME Clearing at the following address to attain information about the clearing firm administering their accounts: clearinginformation@cmegroup.com

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