SGX - Singapore Exchange Ltd

SGX completed the transfer of margins and positions for customers of MF Global Singapore

Press release   •   Dec 01, 2011 14:40 +08

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.

Singapore Exchange (SGX) is among the world's largest exchanges and Asia's second largest listed exchange. As the Asian gateway, SGX is the market of choice for investors wanting to participate in Asia's vibrant and rapidly growing economies, and for Asian issuers seeking international capital.