MF Global Holdings Ltd. has announced that MF Global Ltd., the parent company of all MF Global companies, has moved its corporate domicile from Bermuda to Delaware and changed its name to MF Global Holdings Ltd., effective from yesterday.

MF Global's CEO, Bernard Dan, said: "This step is part of our strategy to increase the value we deliver to our global clients and further improve our competitive position.

"We expect changing our corporate domicile will increase our flexibility to respond to the current and anticipated regulatory landscape. In addition, this action supports our growth strategies, and more specifically, our focus on diversifying our business within financial services."

The change of corporate domicile and name change do not affect the day-to-day business and operations of the organisation, and clients will continue to work with the same MF Global teams and entities around the world. Moreover, MF Global believes that the change will not materially impact its financial results.