CME Withdraws European Clearinghouse Registration
CFTC vacates European clearinghouse registration at CME's request
CME Group asked the US Commodity Futures Trading Commission (CFTC) to vacate the registration of CME Clearing Europe as a recognized derivatives clearing organization, which was completed on August 7.
The CME had announced that it would be closing both CME Clearing Europe and its European derivatives exchange, CME Europe, on April 17. The clearinghouse had received full registration from the CFTC in November 2016.
CME said when announcing the closures that while interest from European
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