MF Global Ltd, formerly Man Financial and the world's largest broker of exchange-listed futures and options, opened the NYSE market and began trading today under the ticker symbol "MF" following its successful initial public offering. All of the shares were offered by Man Group plc, which separated its brokerage division through the IPO. It is the second-largest IPO year-to-date on the NYSE. MF Global CEO Kevin Davis, joined by senior executives from the company, commemorated the IPO by ringing The Opening Bell(SM).
"We welcome MF Global Ltd. to the NYSE family of listed companies," said NYSE Euronext CEO John A. Thain. "MF Global is an outstanding addition to our listed companies. We look forward to a strong and lasting partnership, and to providing MF Global and its shareholders with the superior market quality, liquidity and brand visibility that NYSE-listed companies enjoy."
The IPO and listing by MF Global Ltd. brings the total number of NYSE-listed IPOs (excluding funds) to 36 year-to-date.
Kellogg Group is the specialist firm representing MF Global Ltd.
