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The Commodity Futures Trading Commission today announced it has approved an Amended Order of Registration for Nodal Clear, LLC, removing a previous requirement limiting its activities as a registered derivatives clearing organization (DCO) to clearing contracts executed on or through its affiliated designated contract market (DCM), Nodal Exchange, LLC. The amended order permits Nodal Clear to clear for other DCMs in addition to Nodal Exchange.
Nodal Clear, a limited liability company based in Virginia, was first registered as a DCO on September 24, 2015. In that capacity, it is permitted to clear futures and options on futures.
