FTC funds not affected by MF Global bankruptcy
As reported in various media MF Global Holdings Ltd. Based in New York has filed for Chapter 11 on October 31st. The bankruptcy case was opened at the U.S. Bankruptcy Court, Southern District of New York.
In this context FTC Capital wants to stress that neither the company nor the funds managed by FTC are affected by this.
The clearing brokers for the funds managed by FTC are UBS Securities as well as Newedge Group.