Archive for November, 2011

Australia, CMC Markets Fully Segregates All Client Funds to Provide Customers with Additional Security

November 9, 2011Andy No Comments »

In the aftermath of MF Global’s crisis last month, CMC Markets has formally announced that it has decided to completely split client investments and adopt a fully segregated client money model, including client margins to completely eliminate client risk in Australia and New Zealand.

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Singapore, Worried Singapore investors rally at MF Global office

November 3, 2011Andy No Comments »

Private investors in Singapore concerned about their investments rallied outside MF Global’s local offices in the country but ended up distressed and empty-handed on Wednesday after they were informed that their dealing positions were closed and their funds were presently frozen.

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USA, MF Global Files for Bankruptcy After Bad Bets on European Debt

November 1, 2011Andy No Comments »

MF Global filed for bankruptcy on Monday morning in New York after revealing $6.3bn of eurozone debt exposure…

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