SGX Completed the Transfer of Margins and Positions for Customers of MF Global Singapore
Singapore Exchange (SGX) has successfully completed the transfer of margins belonging to customers who hold accounts directly with MF Global Singapore Pte Limited (MFGS) to their alternative clearing members on 25 November 2011.
These customers’ derivatives positions were transferred in early November 2011 to their alternative clearing members.
All remaining customer margins have been returned to the Provisional Liquidators of MFGS on 30 November 2011. The Provisional Liquidators have undertaken to keep these monies in trust for customers, in accordance with Securities and Futures Regulations.
MFGS has no open positions with SGX.