MF Global, the worldâÂÂs biggest futures and options broker, which was spun off from Man Group last year, lost nearly 70% of its value on Monday, as it became caught up in the sell-off hitting financial stocks.
When MF Globalâs stock price fell from an opening price of $16.11 to a low of $3.65, the company put out a trading update to reassure clients and investors.
