MF Global is front and center at the U.S. Futures Industry Association’s annual conference – and hanging around attendees’ necks.
A schedule of networking events tucked behind participants’ name badges mistakenly advertises MF Global, the failed brokerage run by former Goldman Sachs CEO Jon Corzine, as the sponsor of a café on Wednesday and Thursday. The firm was a big player in the industry and sponsored the café, a centralized meeting point, last year.
Eurex took over as the sponsor after MF Global collapsed. It is correctly identified in other promotional material at the three-day conference in Boca Raton, Fla.
A Eurex representative referred questions about the mix-up to the futures association. The association declined comment.
The mistake keeps MF Global’s bankruptcy in the face of industry members upset the collapse has hurt confidence in futures markets and reduced trading volumes. It also reinforces the large position MF Global held in the sector, where it specialized in commodities futures trading.