CFTC Grants CME Clearing Europe Limited Registration as a Derivatives Clearing Organization
Co-authored by Christopher Mendoza and Christian Hennion
On September 2, the Commodity Futures Trading Commission issued an order granting CME Clearing Europe Limited registration as a derivatives clearing organization pursuant to Section 5b of the Commodity Exchange Act. Under the terms of the order, CME Clearing Europe Limited is permitted to clear swaps and forward contracts on energy, agricultural, freight and metals products executed either bilaterally or on or through a swap execution facility.
A copy of the Order of Registration may be found here.
