OCC Statement On Transfer And Liquidation Of MF Global Customer

Since last Tuesday, OCC has been liquidating standardized options positions and transferring futures positions held in MF Global customer accounts pursuant to its rules and, where applicable, SIPC Trustee approval. This process is now essentially complete with only a few small positions awaiting transfer or liquidation.

OCC will continue to work with our member firms, regulators and the SIPC Trustee to complete this process with minimal market impact. OCC remains committed to providing the foundation for secure markets to the 15 exchanges and trading platforms for options, financial and commodity futures, security futures and securities lending transactions we serve.