The financial services industry closed the day up 2.1%. Merriman Holdings Inc ( MERR), Newtek Business Services Inc ( NEWT), Resource America Inc. CL A ( REXI), and SGOCO Group ( SGOC) were all decliners today within the financial services industry with MF Global Holdings ( MF) being today's featured financial services loser. MF Global Holdings fell 13 cents (-3.5%) to $3.55 on average volume. Throughout the day, 5.4 million shares of MF Global Holdings exchanged hands as compared to its average daily volume of four million shares.

MF Global Holdings Ltd., together with its subsidiaries, operates as a broker of commodities and listed derivatives. It delivers trading and hedging solutions as a broker-dealer across various markets for futures and options, commodities, fixed income, equities, and foreign exchange. MF Global Holdings has a market cap of $608.5 million and is part of the financial sector. Shares are down 55.9% year to date as of the close of trading on Friday.

TheStreet Ratings rates MF Global as a sell. The company's weaknesses can be seen in multiple areas, such as its generally weak debt management, disappointing return on equity, poor profit margins and generally disappointing historical performance in the stock itself.

On the positive front, Stream Global Services Inc ( SGS), Community Bankers Trust Corporation ( BTC), Ampal-American Israel Corporation ( AMPL), and BGC Partners Inc ( BGCP) were all gainers within the financial services industry with Goldman Sachs Group Inc ( GS) being today's featured financial services industry winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial services industry could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial services industry could consider Proshares Short Financials ( SEF).
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