Eurex Clearing as a DCO

In February 2016, the U.S. Commodity Futures Trading Commission ("CFTC") granted Eurex Clearing the status of Derivatives Clearing Organization ("DCO") for the clearing of Swaps in relation to entities located in the U.S.. Currently, Eurex Clearing supports clearing of OTC-traded Interest Rate Swaps ("OTC IRS") as a DCO.

In this context, Eurex Clearing offers a LSOC style (Legally Segregated Operationally Commingled) client-clearing framework in compliance with CFTC Regulation Part 22 under U.S. law for FCMs that clear client business. Clearing of proprietary positions of non-FCMs can be performed under Eurex Clearing's standard framework.

As a registered DCO, Eurex Clearing is required to publish self-certifications of rules that have been filed with the CFTC under the CFTC's Part 40 self-certification procedures.