Derivative Clearing Organizations (DCO)

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Organization Status Date Remarks Documents
Nodal Clear, LLC Registered 09/24/2015 Registered by Commission order; permitted to clear futures and options on futures; the election of Nodal Clear, LLC to become a Subpart C DCO became effective on September 24, 2015. 4
Cboe Clear US, LLC Registered 07/01/2019 Formerly known as Cboe Clear Digital, LLC, and Eris Clearing, LLC; registered by Commission order; permitted to clear digital asset futures on a margined basis through futures commission merchants, fully collateralized futures, and fully collateralized swaps; the election of Cboe Clear, US LLC to become a Subpart C DCO became effective on June 16, 2026. 4
Underdog Clearinghouse, Inc. Registered 09/05/2025 Formerly known as Aristotle Exchange DCO, Inc.; registered by Commission order; permitted to clear fully collateralized positions in swaps. 1
New York Portfolio Clearing, LLC Vacated 06/23/2014 Registered by Commission order on January 31, 2011; vacated as of June 23, 2014, pursuant to a request by New York Portfolio Clearing, LLC under Section 7 of the CEA. 3
CME Clearing Europe Limited Vacated 08/08/2017 Registered by Commission order on September 2, 2011; registration vacated as of March 13, 2012; registered by Commission order on November 29, 2016; registration vacated as of August 7, 2017 pursuant to a request by CME Clearing Europe Limited under Section 7 of the CEA. 4
NYMEX Clearing House Vacated 08/06/2012 Registered by operation of law on December 21, 2000 upon the enactment of the Commodity Futures Modernization Act of 2000 and Section 5b(d) of the CEA; vacated as of August 6, 2012, pursuant to a request by NYMEX Clearing House under Section 7 of the CEA. 1
Kansas City Board of Trade Clearing Corporation Vacated 04/16/2013 Registered by operation of law on December 21, 2000, upon the enactment of the Commodity Futures Modernization Act of 2000 and Section 5b(d) of the CEA; vacated as of April 16, 2013, pursuant to a request by the Kansas City Board of Trade Clearing Corporation under Section 7 of the CEA. 1
Intermarket Clearing Corporation Vacated 12/30/2003 Registered by operation of law on December 21, 2000, upon the enactment of the Commodity Futures Modernization Act of 2000 and Section 5b(d) of the CEA; vacated as of December 31, 2003, pursuant to a request by the Intermarket Clearing Corporation under Section 7 of the CEA. 0
Chicago Board of Trade Vacated 08/06/2012 Registered by Commission order on October 7, 2003; vacated as of August 6, 2012, pursuant to a request by the Chicago Board of Trade under Section 7 of the CEA. 2