HKMEx Suspends Trading of MF Global

The Hong Kong Mercantile Exchange has suspended and restricted the trading of MF Global Hong Kong, and at the same time declared MF Global UK (a clearing member) to be a “defaulter”. Working with our appointed clearing house LCH Clearnet, HKMEx is following standard policy and procedures to facilitate an orderly transfer or closing out of positions. The Exchange will continue to monitor the situation.