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MF Global Holdings marks $2.19 million of net cash flows for February
By Caroline Salls
Pittsburgh, March 14 - MF Global Holdings Ltd. reported $2.19 million of net cash flows for February, improving from negative $319,944 in January, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
The February net cash flows included $3.32 million of total inflows and negative $1.13 million of total cash outflows.
Total cash collateral funds used came in at negative $857,418 in February.
MF Global Holdings, a New York-based commodity and derivatives broker, filed for bankruptcy on Oct. 31 in the U.S. Bankruptcy Court for the Southern District of New York. Its Chapter 11 case number is 11-15059.
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