Tag: DCO

November 30, 2016 BY admin

CFTC grants CME Clearing Europe registration as a Derivatives Clearing Organization

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…

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August 09, 2016 BY Mike Fox

CFTC announces enhancements to protect customer funds

The U.S. Commodity Futures Trading Commission (CFTC) today announced three separate measures that are designed to enhance the protection of customer funds. The CFTC approved an order to exempt Federal Reserve Banks that maintain customer accounts for derivatives clearing organizations (DCOs) from liability under the Commodity Exchange Act (CEA). In addition, the CFTC’s Divisions of…

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September 22, 2015 BY Mike Fox

CFTC seeks comment on petition by Japan Securities Clearing Corporation for exemption from DCO registration

The U.S. Commodity Futures Trading Commission (CFTC) is asking for public comment on a petition by Japan Securities Clearing Corporation (JSCC) for exemption from registration as a derivatives clearing organization (DCO). The Commission is considering a petition for exemption from registration based on its authority under Section 5b(h) of the Commodity Exchange Act, which permits…

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December 16, 2014 BY Mike Fox

CFTC open for public comments on aspiring bitcoin option clearing firm LedgerX

The U.S. Commodity Futures Trading Commission (CFTC) is asking for public comment on related applications submitted by LedgerX, LLC (LedgerX), for registration as a derivatives clearing organization and registration as a swap execution facility. LedgerX plans to list and clear fully collateralized, physically settled options on bitcoin. Comments should be submitted on or before January…

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