Release Number 7491-16
November 30, 2016
CFTC Grants CME Clearing Europe Registration as a Derivatives Clearing Organization
Washington, DC — The U.S. Commodity Futures Trading Commission (CFTC) announced today that it has issued an order granting CME Clearing Europe Limited (CMECE) registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA).
Under the order, CMECE will be authorized to provide clearing services for U.S. clearing members as well as their customers under Section 5b of the CEA. The order permits CMECE to provide these clearing services for swaps as well as for futures and options on futures traded on or subject to the rules of a designated contract market.
With CMECE’s registration, 16 DCOs are registered with the CFTC, including seven that are based outside of the United States.
[See CMECE Order under Related Links]
Last Updated: November 30, 2016