04 September 2015

CME Clearing Europe gets Emir authorisation

04 August 2014  |  1535 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
Third of Brits expect day-to-day mobile pa...
8296 views comments | 38 tweets | 15 linkedin
Payments UK sets out vision for 'world cla...
6856 views comments | 17 tweets | 10 linkedin
Swedish mPOS firm iZettle raises EUR60m fo...
6186 views comments | 13 tweets | 8 linkedin
HSBC glitch leaves thousands of customers...
6106 views comments | 13 tweets | 7 linkedin
UK boosts contactless limit to £30
5602 views comments | 31 tweets | 20 linkedin

Featured job

£90-110K Basic Circa £200-250K OTE NO CEILING
London

Find your next job