Company Name | Mf Global |
---|---|
Website | www.mfglobal.com |
Snippet | MF Global, formerly known as Man Financial, was a major global financial derivatives broker, or commodities brokerage firm that went bankrupt in 2011. MF Global provided exchange-traded derivatives, such as futures and options as well as over-the-counter products such as contracts for difference (CFDs), foreign exchange and spread betting. MF Global Inc., its broker-dealer subsidiary, was a primary dealer in United States Treasury securities. A series of perceived liquidity problems and large fines and penalties dogged MF Global starting in 2008, and led to its bankruptcy in 2011. |
Fate | Filed for Chapter 11 bankruptcy. The brokerage unit is undergoing SIPC liquidation. |
Type | Public company |
Defunct | 2011 (2011) |
Founded | 2007 |
Founder | Man Group |
Website | www.mfglobal.com |
Industry | Financial services |
Services | Financial broker, Online trading, Futures, Options, CFDs, Spread Betting |
Traded as | OTC Pink: MFGLQ |
Key people | Jon Corzine, CEO (Mar 2010-November 2011) |
Headquarters | New York City, United States |
Total assets | $42.460 billion (2010) |
Total equity | $1.490 billion (2010) |
Operating income | 100,000,000 |
Number of employees | 3,271[1] |
Mf Global is part of the United States company list
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