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MF Global Holdings records $1.31 million of net cash flows for May
By Caroline Salls
Pittsburgh, June 15 - MF Global Holdings Ltd. reported $1.31 million of net cash flows for May, improving from negative $612,622 of net cash flows for April, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the Southern District of New York.
The May net cash flows included $2.91 million of total inflows and negative $1.6 million of total cash outflows.
Total cash collateral funds used came in at negative $665,833 in May.
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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