New York, 27 July 2010
MF Global Holdings Ltd. ( NYSE: MF), a leading brokerage firm offering customized solutions in global cash and derivatives markets, today announced the company was selected by BNY Mellon Clearing, LLC to provide clearing services and infrastructure support for its new futures commission merchant offering.
Steve Grady, executive vice president and global head of Client Solutions of MF Global, said, "We will leverage our core competencies to support BNY Mellon Clearing in providing its clients a leading clearing service along with access to major exchanges and clearinghouses around the world."Sanjay Kannambadi, chief executive officer of BNY Mellon Clearing, said, "With the rapid changes occurring in the marketplace, we wanted a firm that had a global reputation and track record in supporting futures and derivatives clearing activities. By leveraging MF Global's expertise, we are providing our clients with a compelling value proposition in the derivatives markets."
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www.mfglobal.com





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