Understanding the Embedded Finance Landscape

MF Global Canadian forex clients will get their money this month

by Michael Greenberg
    MF Global Canadian forex clients will get their money this month
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    Foreign-Exchange clients of MF Global Canada Co. will get their money at the end of this month after having been excluded from an earlier agreement, said the trustee for the bankrupt brokerage.

    KPMG Inc., the court-appointed trustee, and RBC Dominion Securities, the arm of Royal Bank of Canada that includes futures trading and Clearing services, said Monday that the Ontario Superior Court of Justice had approved the bulk transfer of all MF Global Canada customers’ futures, equity and fixed-income accounts to RBC.

    More here.

    Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.

    Foreign-Exchange clients of MF Global Canada Co. will get their money at the end of this month after having been excluded from an earlier agreement, said the trustee for the bankrupt brokerage.

    KPMG Inc., the court-appointed trustee, and RBC Dominion Securities, the arm of Royal Bank of Canada that includes futures trading and Clearing services, said Monday that the Ontario Superior Court of Justice had approved the bulk transfer of all MF Global Canada customers’ futures, equity and fixed-income accounts to RBC.

    More here.

    Click here to access your latest copy of the Forex Magnates Retail Forex Industry Report.
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