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IKON Zeitgeist


06/12/2011
MF Global Bankruptcy - Business as usual at IKON

In the normal course of business, IKON evaluates and manages its exposure to all customers and counterparties including major financial institutions. As a result of these ongoing assessments and in light of the uncertainty brought about by the recent bankruptcy of MF Global, the management of IKON would like to assure existing and prospective clients that IKON does not have any direct relationship with MF Global, either in the exchange clearing business, nor any OTC contracts.  We continue to monitor the markets and events surrounding the unfortunate bankruptcy of MF Global. 

We have also received assurances from our executing brokers that they have no exposure to MF Global. If you should have any questions, please feel free to contact us.


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