“LCH.Clearnet is managing all M F Global UK Ltd (MFG) and associated client positions. LCH.Clearnet continues to transfer client positions from MFG to other brokers and the LME is assisting them in their efforts. All client positions that have not already been transferred and are coming up for delivery will be rolled forward. MFG continues to process transfers but members and their clients need to submit a request to transfer according to LCH.Clearnet instructions. They should also notify LME market surveillance if they have queries on their positions or if they are unable to be transfer their positions according to LME notice dated 1 November 11 318 A311 W168.”
FTSE Mondo Visione Exchanges Index:
London Metal Exchange: Update On MF Global UK Ltd
Date 02/11/2011