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Industry Veteran Brings Nearly 25 Years of Experience to the Role

NEW YORK--(BUSINESS WIRE)--Oct. 19, 2009-- MF Global Ltd. (NYSE: MF), a leading intermediary offering customized solutions in global cash, derivatives and related markets, has hired James F. O’Sullivan as chief economist.

“Creating this new position is part of our larger strategy to provide our clients with the highest level of service and timely insight,” said Bernard Dan, CEO of MF Global. “Jim’s comprehensive analysis will be an excellent vehicle for achieving that objective. His considerable experience, extensive market knowledge and long-established track record of success make him an excellent addition to our company.”

In this newly created position, Mr. O’Sullivan will be responsible for analyzing and forecasting economic trends, as well as integrating broad macro analysis with specific economic indicators, and researching and monitoring economic and public policy developments that affect global economic activity. He will work closely with all of the firm’s product lines and will provide research to the company’s clients.

“One of the key takeaways of the past two years is that macro analysis is more critical than ever for investors,” said Mr. O’Sullivan. “I am excited to be part of a firm with an extensive global reach and a leading presence in all major markets. I look forward to an active dialogue with clients and to help expand business opportunities for the company.”

Prior to joining MF Global, Mr. O’Sullivan was a senior U.S. economist at UBS AG. He began his career at J.P. Morgan, where he spent 15 years as a U.S. economist. In each of the past five years, he has been ranked as one of the top three analysts in the economics category of the annual Institutional Investor survey of U.S. fixed-income investors, including first-place rankings in 2005, 2007 and 2008. He was named “Top Forecaster of the Year” in 2006 and 2008 by MarketWatch.

ABOUT MF GLOBAL

MF Global Ltd. (NYSE: MF), is a leading intermediary offering customized solutions in global cash, derivatives and related markets. It provides execution and clearing services for exchange-traded and over-the-counter derivative products as well as for non-derivative foreign exchange products and securities in the cash market. MF Global is uniquely diversified across products, trading markets, customers and regions. Its worldwide client base includes financial institutions, industrial groups, hedge funds and other asset managers as well as professional traders and private/retail clients. MF Global operates in 14 countries on more than 70 exchanges, providing access to some of the largest financial markets in the world and is the leader by volume on many of these markets. For more information, please visit www.mfglobal.com.

Source: MF Global Ltd.

MF Global Ltd.
Media (North America)
Tiffany Galvin, 212-589-6280
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