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CFTC Grants Amended Order To Chicago Mercantile Exchange, Inc. Permitting Commingling Of Funds In Connection With Futures And Foreign Futures Contracts Listed On The Dubai Mercantile Exchange Limited

Date 31/10/2017

The Commodity Futures Trading Commission (CFTC) today issued an amended order to Chicago Mercantile Exchange, Inc. (CME), a CFTC-registered derivatives clearing organization. The order concerns foreign futures contracts currently listed or that will be listed in the future for trading on the Dubai Mercantile Exchange (DME) and cleared by CME.  The order was issued in response to a petition CME filed.

Under the order, CME and its clearing members that are registered futures commission merchants may commingle customer funds related to DME contracts with customer funds related to futures contracts in accounts segregated in accordance with Section 4d of the Commodity Exchange Act.  The amended order expands a previous CFTC order, which covered a more limited number of DME contracts.