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Competitive Rates
The costs are comparable to discount brokerages, but you deal with experienced professionals, not clerks or Internet frustrations.
Securities Rates
Stock: $14.95 up to 5000 shares. Add $0.01/share for share quantities exceeding 5000.
Options: $14.95 + $1.50/contract
Please inquire about our special rates for active traders.
Note: Broker assisted trading is available at a higher commission rate.
Futures
To trade futures you will have a separate account with the ability to move money between the securities and futures accounts. Work with the same dedicated broker for both future and securities. Rates are based upon account size and activity.*
Payments, Settlements and Deadlines
Checks for futures accounts should be made payable to MF Global and those for securities accounts to MF Global Inc. Please do not send cash, money orders, traveler's checks or postal money orders. The check should always include one of the following, your account number, social security number or your tax I.D. number for initial deposits. Cashier's checks must include the remitter's name, provided by the issuer. When buying stocks, options or mutual funds, money must be in your account prior to execution. We will not accept third party checks or third party wire transfers. Stock certificates can be used to fund your
MF Global Inc. account. There are two ways to fund your account using stock certificates. When filling out your stock certificate, please feel free to contact a customer service representative at 888.281.9569.
Completed forms, correspondence, and securities may be sent to:
Attn: Andrew or Charles Aronson
MF Global Inc.
141 West Jackson Blvd, Suite 1800-A
Chicago, IL 60604
FAX: 312.528.3320
Payments to an account should be sent to:
Attn: Andrew or Charles Aronson
MF Global Inc.
141 West Jackson Blvd, Suite 1800-A
Chicago, IL 60604
Ph: 888.281.9569
Bank Wire (Securities):
Harris Trust and Savings Bank
111 W. Monroe
Chicago, IL 60690
ABA: #071-000-288
Beneficiary: MF Global Inc.
Account #: 267-1303
FBO: Your name and account # (i.e. John Doe # xxxx-xxxx)
Note: Must include full names of all parties. For example, joint accounts would include both persons: i.e. John Doe and Jane Doe.
Important: When wiring funds from your bank into your securities account, the wire must include your account number. If your account number is not on the wire, we will not accept it. Your wire will also be rejected if your account title does not match the title of the account your wire is coming from. Checks should not be sent to this location.
Wire transfers are available for trading as soon as they are received. |
Bank Wire (Futures):
Harris Trust and Savings Bank
111 W. Monroe
Chicago, IL 60690
ABA #071-000-288
Beneficiary: MF Global, Customer Segregated Funds
Account #: 325-0131
FBO: Your name and account # (i.e. John Doe # xxxx-xxxx)
Note: Must include full names of all parties. For example, joint accounts would include both persons: i.e. John Doe and Jane Doe.
Important: When wiring funds from your bank into your futures account, the wire must include your account number. If your account number is not on the wire, we will not accept it. Your wire will also be rejected if your account title does not match the title of the account your wire is coming from. Checks should not be sent to this location.
Wire transfers are available for trading as soon as they are received. |
Deadlines for Processing Funds
All requests for funds should be made via fax at 312.528.3320.
Request a check 12:00 AM Central Time
Request an outgoing Wire Transfer 12:00 AM Central Time
Deposit a check 12:00 AM Central Time
Journal securities and/or funds 12:00 AM Central Time
Account Protection
MF Global Inc. is a member of the Securities Investor Protection Corporation ("SIPC"), which currently protects securities customers of its members up to $500,000 (including $100,000 for claims for cash). An explanatory brochure is available upon request or at http://www.sipc.org. Please note that money market mutual fund balances are not considered cash; they are considered to be securities. Additional information is available upon written request. Account protection does not cover the market risks associated with investing.
Customer Notice
All securities business with MF Global is conducted based on written agreements between the customer and MF Global Inc. These agreements are the only contractual relationship between MF Global Inc., and its customers and the terms of those agreements are binding on both parties. No other representation, whether made in person, verbally, written or on-line electronically in written, graphical or verbal communication may change the terms of those agreements.
All customer orders accepted by MF Global Inc. are considered unsolicited. MF Global Inc. reserves the right to decline accounts and orders at its discretion. MF Global believes that it offers customers a practical and usable brokerage system over the Internet. Customers accept at their own risk that the Internet communications medium may not perform as intended despite the best efforts of MF Global Inc., their network service providers, the customer's Internet service provider, and the customer. MF Global Inc. presents information, pricing data and customer account information that is believed to be reliable and accurate. MF Global does not guarantee the timeliness, sequence or accuracy of the data or any other information available through this service. In addition, customers agree to immediately notify MF Global Inc. if they become aware of any loss, theft or unauthorized use of their access number(s), password(s), and/or account number(s).
*Securities offered and sold through MF Global Securities Inc, a wholly-owned subsidiary of MF Global, and a broker-dealer member of CBOE/FINRA/SIPC. |
