MF Global Suspended From CME Clearinghouse - CME Clearinghouse President
October 31 2011 - 9:56PM
Dow Jones News
Exchange-operator CME Group Inc. (CME) suspended MF Global Inc.
from CME's clearing house in connection with the Securities
Investor Protection Corp. investigation of the troubled brokerage
and clearing firm.
MF Global Inc had filed for Chapter 11 bankruptcy protection
earlier Monday.
The president of CME's clearing house said in an email MF Global
is "deemed insolvent and is automatically suspended as a clearing
member."
-By Tatyana Shumsky, Dow Jones Newswires. 212 416 3095,
tatyana.shumsky@dowjones.com
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