Financial ETFs Down After MF Global Files for Bankruptcy | Page 2 of 2 | ETF Trends

Earlier, The Wall Street Journal reported Interactive Brokers (NasdaqGS: IBKR) could purchase MF Global’s assets following a bankruptcy filing.

MF Global has been under pressure recently due to ratings downgrades, weak results, exposure to European sovereign debt and high leverage, Deutsche Bank analysts said in a recent note.

Financial Select Sector SPDR