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MF Global Holdings records negative $358,639 October net cash flow
By Caroline Salls
Pittsburgh, Nov. 14 - MF Global Holdings Ltd. posted negative net cash flow of $358,639 for October, compared to negative net cash flow of $1.5 million for September, according to its monthly operating report filed Wednesday with the U.S. Bankruptcy Court for the Southern District of New York.
Total inflows for October were $586,289, while the total cash outflow was negative $944,929.
Total cash collateral funds used in October were negative $449,073.
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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