CME Group changes Europe OTC plans

Posted May 17, 2010 at 7:17 a.m.

From the Financial Times | CME Group has changed plans for launching over-the-counter credit default swap clearing in Europe and will instead with with OTC energy derivatives. “Following discussions with our European customers, we have augmented
our FSA-regulated clearing house application to include energy
products. Going forward, the service intends to include other asset
types, including CDS,” said CME spokesman Jeremy Hughes.

Get the full story: ft.com

 

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