Jon Corzine, chairman and chief executive officer of MF Global Holdings, speaks during the Sandler O'Neill + Partners global exchange and brokerage conference in New York
Jon Corzine, chairman and chief executive officer of MF Global Holdings, speaks during the Sandler O'Neill + Partners global exchange and brokerage conference in New York June 9, 2011. REUTERS

MF Global Holdings Ltd filed for Chapter 11 bankruptcy protection on Monday, court records show.

The filing came after talks to sell a variety of assets to Interactive Brokers Group Inc broke down earlier Monday, a person familiar with the matter said.

MF Global Finance USA Inc also filed for Chapter 11 protection. Both MF Global entities filed for protection from creditors with the U.S. bankruptcy court in Manhattan.

(Reporting by Nick Brown and Jonathan Stempel in New York, editing by Gerald E. McCormick)

Court New York New York