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MF Global Holdings reports negative $455,751 of February net cash flow
By Caroline Salls
Pittsburgh, March 15 - MF Global Holdings Ltd. posted net cash flow of negative $455,751 for February, compared to net cash flow of $2.34 million for January, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
Total inflows for February came to $756,769, while the total cash outflow was negative $1.21 million.
Total cash collateral funds used in February amounted to negative $69,522.
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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