CFTC Requests Comment on Application by CME Clearing Europe Limited for Registration as Derivatives Clearing Organization


The Commodity Futures Trading Commission has requested public comments on an application for registration as a derivatives clearing organization (DCO) filed by CME Clearing Europe Limited (CMECE) on November 26.

CMECE, which will be principally located in London and which is an indirect subsidiary of CME Group Inc., is requesting approval from the CFTC to clear over-the-counter derivatives, such as swaps, forwards and options, on energy products.

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