Tag: U.S Commodity Futures Trading Commission

Bank of China (UK) Limited joins LCH’s SwapClear
January 16, 2017 BY Valentina Kirilova

CFTC permits LCH.Clearnet portfolio margining of customer positions in futures, foreign futures, and cleared swaps

The U.S. Commodity Futures Trading Commission (CFTC ) issued an order to LCH.Clearnet Limited, a CFTC-registered derivatives clearing organization. The order was issued in response to a petition filed by LCH. The order permits LCH and its clearing members that are registered futures commission merchants to: commingle in an account subject to Section 4d(f) (a…

Read more
January 16, 2017 BY Valentina Kirilova

CFTC unanimously approves proposals on swaps data and other amendments

The U.S. Commodity Futures Trading Commission (CFTC) unanimously approved proposed changes to swap data rules that implement Congressional action to remove indemnification requirements for the use of swap data by other regulators. In a separate proposal, the Commission voted to update Parts 3 and 9 to integrate existing advisory guidance, incorporate swap execution facilities (SEFs),…

Read more
June 01, 2016 BY Mike Fox

CFTC permits BVMF and Cleartrade to provide U.S. members direct access

The U.S. Commodity Futures Trading Commission (CFTC) today issued Orders of Registration to the following Foreign Boards of Trade (FBOT): - BM&FBOVESPA S.A. – Bolsa de Valores, Mercadorias e Futuros (BVMF), an FBOT located in São Paulo, Brazil; and - Cleartrade Exchange Pte. Limited (Cleartrade), an FBOT registered in Singapore with offices in Singapore and…

Read more
October 14, 2015 BY Mike Fox

CFTC further implements trade execution requirement

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) announced today further extension of time-limited no-action relief for different swaps executed. This extension of time-limited relief will enable the Division to continue to further assess the appropriate response for applying the trade execution requirement to swaps in certain types of package transactions. The…

Read more
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…

Read more