INTERNATIONAL: CME Group Intends to Close CME Europe and CME Clearing Europe by Year-End

Thursday April 13 2017

News Source: Global Exchanges

Focus: General - Global Exchanges

Type: General

Country: International

Link: https://www.cmegroup.com/media-room/press-releases/2017/4/12/cme_group_intendstoclosecmeeuropeandcmeclearingeuropebyyear-end.html

CME Group announced on 13rd April 2017, that it intends to close its London-based derivatives exchange and clearing house, CME Europe and CME Clearing Europe, by year-end 2017.

During the coming months, CME Group will work closely with all market participants and regulators to ensure a smooth transition and an orderly wind down of business operations, including the provision of CME Group market alternatives for actively traded products on CME Europe.

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