The Commodity Futures Trading Commission (Commission) has
issued an Order pursuant to Section 4d of the Commodity Exchange Act (Act) with
respect to the Chicago Mercantile Exchange's (CME) clearing of certain Eurodollar
and currency contracts entered into over-the-counter (cleared-only contracts). The
Order permits CME and clearing member futures commission merchants (FCMs) to hold
funds of eligible contract participants used to margin cleared-only contracts together
with other customer funds segregated in accordance with Section 4d of the Act. The
Order requires that CME and the FCMs apply appropriate risk management procedures to
these transactions, maintain certain records, and provide specified information to the
Commission.
Copies of the Order may be obtained from the Commission's Office of the
Secretariat at Three Lafayette Centre, 1155 21st Street, N.W., Washington, DC 20581,
(202) 418-5100, or via the Commission's website at http://www.cftc.gov/files/tm/tmcmeotc4dorder030306.pdf.