Monthly Archives: January 2017

MF Global Bankruptcy – A Concern for Day Traders?

As of midnight on Monday, MF Global, a brokerage firm, was about to be acquired by Interactive Brokers due to MF’s irrecoverable position. The deal fell through and MF Global has filed for bankruptcy. More surprisingly, at the final hours of the original deal’s negotiation, MF Global disclosed that approximately $700 million dollars in customer […]