The designation was awarded to Ice Clear Europe under section 5b(b) of the Commodity Exchange Act. As a registered DCO, it will be authorised to clear futures contracts, options on futures contracts, commodity options and over-the-counter derivatives. Ice Clear Europe clears energy-based contracts and credit default swap contracts on European reference entities.
"DCO registration acknowledges our adherence to core principles, and offers flexibility and confidence to our member firms," says Paul
The week on Risk.net, July 7-13, 2018Receive this by email