14 February 2016

CFTC approves LCH.Clearnet for derivatives clearing

25 January 2013  |  1799 views  |  0 Source: CFTC

Today, the Commodity Futures Trading Commission issued to LCH.Clearnet LLC (LCH) (1) a letter approving LCH's revised rulebook and (2) an amended order of registration as a derivatives clearing organization (DCO).

LCH, formerly the International Derivatives Clearinghouse, LLC (IDC), a registered DCO, had requested approval of its revised rulebook following its August 2012 acquisition by LCH.Clearnet Group Limited.

The amended order of registration, which permits LCH to clear, in its capacity as a registered DCO, futures contracts, options on futures contracts, commodity options, and swaps where interest rates and/or currencies constitute the underlying commodity or reference, supersedes the original order of registration that had been issued to IDC in 2008.

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

 

Who is commenting on post-trade & ops?

Top post-trade & ops topics

Most viewed Most shared
Simplification and innovation from blockch...
6494 views comments | 10 tweets | 4 linkedin
European Commission confirms MiFID II delayEuropean Commission confirms MiFID II dela...
6156 views comments | 22 tweets | 26 linkedin
Nasdaq to pilot blockchain for proxy voting in EstoniaNasdaq to pilot blockchain for proxy votin...
3571 views comments | 12 tweets | 11 linkedin
Markit acquires syndicated loans tech from JPMorganMarkit acquires syndicated loans tech from...
2971 views comments | 4 tweets | 4 linkedin
European Central Bank selects Sia and Colt...
1804 views comments | 1 tweets | 2 linkedin

Featured job

to $120K base, double OTE, benefits
New York City, NY or Boston, MA (USA)

Find your next job