CME to clear OTC interest rates
20 Mar 2006
Chicago Mercantile Exchange (CME) announced a new OTC clearing service for interest rate products on 15 March.
In an announcement made at Futures Industry Association's annual conference in Boca Raton, Florida, the exchange said it would launch CME Clearing 360 on 3 April. The service would permit bilateral OTC interest rate transactions to be...
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