CME Clearing Obtains Recognised Clearing House Status in Singapore by MAS
Posted: Thu May 26, 2016 5:36 am
Leading derivatives and futures exchange operator, CME Group, has just announced that the Monetary Authority of Singapore (MAS) has granted Recognised Clearing House (RCH) status for CME Clearing – a division of its Chicago Mercantile Exchange Inc. business.
CME Clearing will now be able to onboard clearing members in Singapore for exchange-traded futures and options as well as over-the-counter (OTC) derivatives, as its new RCH status is effective from May 18th 2016, as per the corporate announcement just released this Friday morning in Asia.
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