CFTC Grants New York Portfolio Clearing Registration as Derivatives Clearing Organization

Posted on February 4, 2011 by LexBlog

Co-authored by Kevin M. Foley and Joshua A. Penner

The Commodity Futures Trading Commission issued an order on January 31 granting New York Portfolio Clearing, LLC (NYPC) registration as a derivatives clearing organization. NYPC plans to clear U.S. dollar-denominated interest rate futures contracts traded on NYSE Liffe U.S.

NYPC's approval order can be found here.

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