U.S. Clearing Houses Announce MF Global Bulk Transferee Confirmation Service
CHICAGO, Nov. 4, 2011 /PRNewswire/ -- As part of the bulk transfer process for MF Global customer accounts and collateral held at U.S. derivatives clearinghouses, CME Clearing, ICE Clear US, The Clearing Corporation, KCBOT Clearing Corp., MGEX, NYSE Liffe US and The Options Clearing Corporation have coordinated to provide clients with further information on the status of their account transfers.
Customers with accounts transferring will receive communications from their receiving firm following the transfers. In addition, beginning this evening, Friday, November 4, 2011, clients are encouraged to send an e-mail message to [email protected], indicating their name, MF Global account number, office code and contact details. The clearing houses will respond to the e-mails by phone or in writing as soon as possible in order to confirm a client's receiving firm. Clearing house representatives will also provide contact information for the receiving firm so that clients can confirm the amount of any transferred customer collateral and positions with the receiving firm.
CME – G
ICE-CORP
SOURCE CME Group
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