CFTC Grants CME Clearing Europe Limited Registration as a Derivatives Clearing Organization

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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.

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Published In: Administrative Agency Updates, General Business Updates, Finance & Banking Updates, International Trade Updates, Securities Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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