23 November 2014

CME Clearing Europe gets Emir authorisation

04 August 2014  |  1360 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

 

Featured job

to £90k base, double OTE
London, UK

Find your next job