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CME will clear energy OTC derivatives in Europe

Posted on 16 March 2011

From Reuters: Exchange operator CME Group ’s London unit will start clearing over-the-counter energy and commodity derivative products starting May 2011. CME Clearing Europe will start clearing more than 150 such contracts from May 6, it said on Tuesday.
Clearing members will include commodity and energy trading arms of BNP Paribas , Citigroup , Deutsche Bank and HSBC , among others……………………………………….Full Article: Source


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