Release Number 6212-12
March 20, 2012
CFTC Seeks Public Comment on Request from ICE Clear Europe for Order Permitting Portfolio Margining of Cleared Swaps and Foreign Futures Contracts
Washington, DC – The Commodity Futures Trading Commission (Commission) is requesting public comment on a petition submitted by ICE Clear Europe Limited (ICE Clear Europe) for an order pursuant to Section 4d(f) of the Commodity Exchange Act (Act). The petition requests an order that would permit ICE Clear Europe and its clearing members that are registered futures commission merchants to (1) commingle in an account subject to Section 4d(f) (a cleared swaps customer account) positions in swaps and foreign futures and options and related customer money, securities and property; and (2) portfolio margin swaps and foreign futures and options in the cleared swaps customer account.
Comments regarding the request should be submitted on or before April 19, 2012.
Comments may be submitted electronically through the Commission’s Comments Online process. All comments will be posted on the Commission’s website.
Last Updated: March 20, 2012