U.S. derivatives clearinghouses, CME Clearing, ICE Clear US, The Clearing Corporation, KCBOT Clearing Corp., MGEX, NYSE Liffe US and The Options Clearing Corporation are coordinating efforts to effectuate the bulk transfer of positions held by customers of failed FCM MF Global. According to a November 4th press release from the CME, the clearinghouses will notify customers if their positions have been transferred.

In the meantime, the clearinghouses have encouraged customers to forward questions in an e-mail message to clearinginformation@cmegroup.com, indicating their name, MF Global account number, office code and contact details.  The clearing houses will respond to the e-mails by phone or in writing as soon as possible in order to confirm a client’s receiving firm.  Clearing house representatives will also provide contact information for the receiving firm so that clients can confirm the amount of any transferred customer collateral and positions with the receiving firm.

Good day. Good luck. TSR