MF Global Holdings reports $17.11 million of December net cash flow

By Caroline Salls

Pittsburgh, Jan. 14 - MF Global Holdings Ltd. posted net cash flow of $17.11 million for December, compared to negative net cash flow of $610,480 for November, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.

Total inflows for December were $73.63 million, while the total cash outflow was negative $56.52 million.

Total cash collateral funds used in December were negative $5.82 million.

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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