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ICE bars MF Global from floor, customers can unwind only
NEW YORK |
NEW YORK (Reuters) - ICE Futures U.S. on Monday barred MF Global brokers from its trading floors and said the stricken brokerage's customers will be limited to liquidation-only trading, effective immediately.
Additionally, the exchange -- one of the two biggest commodity markets in the world -- will no longer recognize MF Global or any of its divisions as a guarantor for purposes of floor trading privileges, ICE said in a notice.
(Reporting by Marcy Nicholson)
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