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CME Group to Expand Cross-Margining Agreement with DTCC
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CME Group to Expand Cross-Margining Agreement with DTCC
Feb 24, 2025 10:34 AM

01:10 PM EST, 02/24/2025 (MT Newswires) -- CME Group ( CME ) said Monday it is expanding its cross-margining agreement with Depository Trust & Clearing Corp., or DTCC, by December.

Under the proposed arrangement, DTCC's Fixed Income Clearing Corporation will designate cross-margin accounts, allowing all eligible positions in the account to offset with eligible CME Group ( CME ) interest rate futures.

Subject to regulatory approval, the proposed arrangement allows eligible end-user clients to access capital efficiencies that are available when trading US Treasury securities.

Aligning enhanced cross-margining for end-user customers with the regulatory timeline for expanded US Treasury Clearing requirements "encourages greater utilization of central clearing, therefore reducing systemic risk," CME Group ( CME ) said.

Price: 248.95, Change: +0.08, Percent Change: +0.03

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