The MF Global trustee held a meeting today (12/20/11) to provide information about the recovery of MF Global customer funds that were held for trading futures on foreign exchanges. Such funds are treated as being in a separate class than the funds held for trading futures on domestic exchanges under US bankruptcy law, and may or may not have their own shortfall apart from the apparent shortfall in domestic funds. The customers of the US MF Global broker had more than $800M of these offshore funds, and more than $600M of that amount was with the UK MF Global affiliate….