CME Clearing Europe starts clearing rate swaps

CME Group has received regulatory approval from the U.K.'s Financial Services Authority and has started clearing interest-rate swaps in London. The venture, called CME Clearing Europe, handles seven currencies and will compete with LCH.Clearnet. Royal Bank of Scotland, Goldman Sachs, HSBC, Credit...


This news summary appeared in ISDA dailyLead on 03/19/2013
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