A woman leaves the office complex where MF Global Holdings Ltd have an office on 52nd Street in midtown Manhattan
A woman leaves the office complex where MF Global Holdings Ltd. has an office in the Manhattan borough of New York on Oct. 29. REUTERS

The brokerage arm of collapsed futures firm MF Global Holdings Ltd. has terminated its 1,066-member workforce, according to the trustee in charge of liquidating its assets.

Trustee James Giddens said in a statement Friday that the workers were notified their employment has been terminated immediately, though they will be paid through Tuesday.

(Reporting by Nick Brown; Editing by Derek Caney)