MF Global Holdings records negative $610,480 November net cash flow

By Caroline Salls

Pittsburgh, Dec. 13 - MF Global Holdings Ltd. posted negative net cash flow of $610,480 for November, compared to negative net cash flow of $358,639 for October, according to its monthly operating report filed Thursday with the U.S. Bankruptcy Court for the Southern District of New York.

Total inflows for November were $632,116, while the total cash outflow was $1.24 million.

Total cash collateral funds used in November were negative $513,737.

MF Global Holdings, a New York-based commodity and derivatives broker, filed for bankruptcy on Oct. 31, 2011. Its Chapter 11 case number is 11-15059.

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