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CME freezes MF clients' funds as it reviews transfer

Many former MF Global clients face a further delay in securing their funds and collateral after CME Group said it had frozen access to them until after the close of business on November 8

Many former MF Global clients face a further delay in securing their funds and collateral after CME Group said it had frozen access to them until after the close of business on November 8.

The Chicago-based exchange operator oversaw the mass transfer of client accounts from the failed brokerage to new clearing partners, a process that was due to have been completed on November 4.

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