13 February 2016

CME Clearing Europe gets Emir authorisation

04 August 2014  |  1658 views  |  0 Source: CME Group

CME Group, the world's leading and most diverse derivatives marketplace, today announced CME Group's European clearing house, CME Clearing Europe, has today received authorisation as a Central Counterparty Clearing House (CCP) under the European Market Infrastructure Regulation (Emir).

The authorisation covers all OTC derivatives and futures products currently cleared by CME Clearing Europe. CME Clearing Europe lists a broad range of OTC and exchange traded derivatives, including interest rate swaps, energy and commodities, and FX contracts for clearing and provides services for CME Europe, CME Group's London-based derivatives exchange.

CME Clearing Europe's CCP authorisation follows the announcement that CME Group's European clearing house is the first central counterparty (CCP) globally to offer the full segregation client protection model with enhanced protection for all bankruptcy scenarios. The full segregation model is notable in that it expands client asset protection beyond European Market Infrastructure Regulation (EMIR) requirements. 

Comments: (0)

Comment on this story (membership required)
Log in to receive notifications when someone posts a comment

Related blogs

Create a blog about this story (membership required)

Related company news

 

Top topics

Most viewed Most shared
UK sets out open banking API frameworkUK sets out open banking API framework
15947 views comments | 102 tweets | 89 linkedin
Deutsche Bank calls for co-operation with fintech firms on B2B servicesDeutsche Bank calls for co-operation with...
8814 views comments | 29 tweets | 30 linkedin
How to accelerate your fintech startupHow to accelerate your fintech startup
8462 views comments | 35 tweets | 9 linkedin
Is Paym a failure?Is Paym a failure?
7060 views 16 comments | 23 tweets | 16 linkedin
Visa issues API to offer consumer control over card transactionsVisa issues API to offer consumer control...
6461 views comments | 17 tweets | 28 linkedin

Featured job

Competitive Package
New York City, NY. USA

Find your next job