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MF Global Holdings records $2.77 million of net cash flows for March
By Caroline Salls
Pittsburgh, April 17 - MF Global Holdings Ltd. reported $2.77 million of net cash flows for March, improving from $2.19 million in February, according to its monthly operating report filed Monday with the U.S. Bankruptcy Court for the Southern District of New York.
The March net cash flows included $4.93 million of total inflows and negative $2.17 million of total cash outflows.
Total cash collateral funds used came in at negative $939,573 in March.
MF Global Holdings, a New York-based commodity and derivatives broker, filed for bankruptcy on Oct. 31. Its Chapter 11 case number is 11-15059.
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