The US Commodity Futures Trading Commission (CFTC) has issued an order granting CME Clearing Europe (CMECE) registration as a derivatives clearing organisation (DCO) under the Commodity Exchange Act (CEA).

Under the order, CMECE will be authorised to provide clearing services for US clearing members as well as their customers under Section 5b of the CEA.
 
The order permits CMECE to provide these clearing services for swaps as well as for futures and options on futures traded on or subject to the rules of a designated contract market.
 
With CMECE’s registration, 16 DCOs are registered with the CFTC, including seven that are based outside of the US.