Cash and derivative broker MF Global Holdings Ltd. got a boost in late trading Tuesday after the firm named former New Jersey governor and Goldman Sachs chairman Jon Corzine chief executive and chairman.
From MF Global website:
MF Global is a world leader in execution and clearing services for exchange-traded and over-the-counter derivative products as well as for non-derivative foreign exchange, equities, and fixed-income products in the cash market. We offer customized solutions in the global cash and derivatives markets to a wide range of clients that includes financial institutions, corporations, hedge funds and other asset managers as well as professional traders and private/retail clients. MF Global operates in 14 countries on more than 70 exchanges, providing access to some of the largest financial markets in the world; we are the leader by volume on many of these markets. Through delivering access across multiple markets and geographic regions, along with a breadth of product offerings and extensive product knowledge, MF Global’s focus is on helping clients define and execute their trading and hedging strategies and capitalize on market opportunities.
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