Notice for MF Global Investors
MF Global Australia Limited is an Australasian broker and financial services provider that provides advice and deals in derivatives, foreign exchange contracts, managed investment schemes and securities.
Messrs Campbell, Lombe and Strawbridge of Deloitte Partners were appointed as voluntary administrators of MF Global Australia Limited, along with two related Australian entities on 1 November 2011 following the bankruptcy filed by its United States based parent company on 31 October 2011. The entities now under administration include:
- MF Global Australia Limited (ACN 001 662 077)
- MF Global Securities Australia Limited (ACN 125 669 801)
- Brokerone Pty Limited (ACN 070 037 482)
The voluntary administrators are presently investigating the MF Global entities and a first meeting of creditors was held on 11 November 2011.
At this stage, it is not clear whether MF Global clients will suffer losses as a result of the collapse, and if so whether any causes of action arise. However, we will be providing updates in due course to those MF Global clients who wish to register with us.