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Benita Levy Joins MF Global to Co-head Chicago Office with John Brady

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  Published in Business and Finance on Monday, June 20th 2011 at 5:15 GMT by Market Wire
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NEW YORK--([ BUSINESS WIRE ])--MF Global Holdings Ltd. (NYSE: MF), a broker-dealer providing trading and hedging solutions, today announced that Benita Levy has joined the firm as co-head of the Chicago office, effective immediately.

"Chicago is an important financial center for MF Global and we are focused on building our capital markets presence in the region and extending our execution and clearing market share"

Prior to joining MF Global, Ms. Levy was a senior vice president at FTN Financial Capital Markets. Ms Levy started her career at Salmon Brothers in 1986, rising to become a managing director and head of institutional fixed income and structured product sales for the Midwest region of Citigroup/Salomon Brothers.

aChicago is an important financial center for MF Global and we are focused on building our capital markets presence in the region and extending our execution and clearing market share,a said Jon S. Corzine, chairman and chief executive officer, MF Global. aBenitaa™s proven management experience coupled with extensive relationships and sales track record will help elevate MF Globala™s client offering and expand our revenue opportunities throughout the Midwest.a

Ms. Levy will share responsibilities for managing MF Globala™s Chicago office with John Brady, who has been promoted to co-head of the office. Mr. Brady, who has been with MF Global since 2002, will also continue in his role as a senior vice president for futures and options. Prior to his career at MF Global, Mr. Brady was vice president at IBJ/Aubrey Lanston Futures Corp., and was a vice president at JP Morgan Futures, Inc., prior to that. Mr. Brady is also a frequent commentator on CNBC and Bloomberg TV.

Steve Grady, who previously led the Chicago office, will relocate to New York to co-manage MF Globala™s prime services business.

Mr. Corzine added, aJohn Brady will be an effective partner and leader in Chicago as he brings a sound understanding of markets and listed derivative products.Additionally, I would like to thank Steve Grady for his dedication and commitment to our Chicago businesses and the community overall. I look forward to his continued success as the co-head of our Prime Services area.a

Chicago is MF Globala™s second largest office with over 600 employees delivering trading and hedging solutions across all major markets. The Chicago office has a significant presence in financial futures and commodity products and serves as the primary operating base for MF Globala™s North American retail business.

MF Global is consistently ranked as a leader by volume of executed and cleared transactions on both the Chicago Mercantile Exchange and the Chicago Board of Trade.

About MF Global

MF Global (NYSE: MF) is one of the world's leading brokers of commodities and listed derivatives. MF Global delivers trading and hedging solutions as a broker-dealer across all major markets for futures and options, commodities, fixed income, equities and foreign exchange. The firm is one of 20 primary dealers authorized to trade U.S. government securities with the Federal Reserve Bank of New York. The firm provides access to more than 70 exchanges around the world and is a leader by volume on many of the largest derivatives exchanges. MF Global helps clients discover and capitalize on market opportunities by providing actionable insight, market expertise and deep liquidity. For more information, please visit [ www.mfglobal.com ].

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