CFTC grants ICE Clear Europe Limited registration as a DCO

The CFTC granted ICE Clear Europe Limited (ICE Clear Europe) registration as a derivatives clearing organization (DCO) pursuant to Section 5b(b) of the Commodity Exchange Act. ICE Clear Europe is a private limited company organized under the laws of England and Wales. Pursuant to an order that the Commission issued on July 23, ICE Clear Europe has operated within the United States as a multilateral clearing organization. ICE Clear Europe clears energy-based contracts and credit default swap contracts on European reference entities. As a registered DCO, ICE Clear Europe is authorized to clear futures contracts, options on futures contracts, commodity options and over-the-counter derivative contracts.

About The Author

Felix Shipkevich

Felix Shipkevich is a Manhattan-based attorney and general counsel for Shipkevich Law Firm. He has extensive experience working with the CFTC and NFA on registration, compliance, and enforcement issues for CPOs, CTAs, FCMs, IBs, and RFEDs. Felix also practices intellectual property and corporate governance law.