At the request of CME Clearing Europe Ltd. ("CMECE"), the CFTC issued an order to vacate the registration of CMECE as a derivatives clearing organization ("DCO"). The Order became effective on August 8, 2017.
On November 29, 2016, the CFTC granted DCO registration to CMECE. On April 12, 2017, CME Group announced its intention to close its London-based derivatives exchange and clearing house by year-end 2017, and subsequently asked the CFTC to vacate its registration pursuant to Commodity Exchange Act, Section 7.
With the exit of CMECE, 16 DCOs remain registered with the CFTC, including six that are based outside the United States.
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