CME: MF Global Floor Traders, Brokers Barred From Trading Floor
October 31 2011 - 11:30AM
Dow Jones News
CME Group Inc. (CME) on Monday limited all trading by MF Global
Holdings Ltd. (MF), and barred the firm's traders from accessing
the U.S. derivatives exchange's trading floors.
"Until further notice, CME Group will no longer recognize MF
Global or any of its divisions as a guarantor for purposes of floor
trading privileges. Accordingly, floor brokers and traders
guaranteed by MF Global or its divisions may not access the trading
floor," the exchange said in a statement.
The decision followed MF Global's filing for bankruptcy
protection Monday.
-By Jerry A. DiColo, Dow Jones Newswires; 212-416-2155,
jerry.dicolo@dowjones.com
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