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Traders try to limit MF Global collapse damageTraders scrambled to cover trading exposures to MF Global on Tuesday, as administrators sought to save what money was left in the collapsed US brokerage's London arm. In Australia, trading in grain futures an More… |
Man IPO raises $2.9bnMan Group has announced that the initial public offering of 97.4 million shares of MF Global Ltd has been priced at $30 per share raising total gross proceeds of $2.9 billion. MF Global is the brokerage business of Man Group and was forme More… |
