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MF GLOBAL ACQUIRES LEADING AUSTRALIAN FUTURES BROKER.

Publication: AsiaPulse News

Publication Date: 28-SEP-07
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COPYRIGHT 2007 Asia Pulse Pty Ltd

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MF GLOBAL ACQUIRES LEADING AUSTRALIAN FUTURES BROKER

-- Transaction advances Asia Pacific growth strategy

-- MF Global to take top position on Sydney Futures Exchange

-- Second acquisition in Asia Pacific in four months

Business Editors

NEW YORK--(BUSINESS WIRE)--Sept. 28, 2007--MF Global Ltd. (NYSE: MF), the world's leading futures and options broker, today announced the acquisition of 100 percent of the share capital of BrokerOne Pty Ltd. The Sydney-based BrokerOne, which commenced business in 1995 through its predecessors, has successfully captured the leading market share of futures contracts traded on the Sydney Futures Exchange (SFE). MF Global believes the transaction will be accretive over the next 12 months.

"Our purchase of BrokerOne...

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