For Release: March 15, 2010
CFTC Seeks Public Comment on Request From CME Clearing and NYMEX Involving Contracts Traded on the Dubai Mercantile Exchange
Washington, DC – The Commodity Futures Trading Commission (Commission) is requesting public comment on a petition submitted by the Clearing House Division of the Chicago Mercantile Exchange Inc. (CME Clearing) and the New York Mercantile Exchange Inc. (NYMEX) to amend an existing order in connection with contracts traded on the Dubai Mercantile Exchange (DME).
In April 2008, the Commission issued an order under Section 4d of the Commodity Exchange Act permitting NYMEX and clearing member futures commission merchants to hold customer positions and associated funds held in connection with NYMEX’s clearing of specific futures contracts traded on or subject to the rules of the DME with other funds held in the segregated account. CME Clearing and NYMEX wish to amend the order to include four new financially-settled option and swap futures contracts that will be listed for trading on or subject to the rules of DME and cleared by NYMEX through CME Clearing.
Comments regarding the request should be submitted on or before April 15, 2010.
Comments may be submitted electronically to firstname.lastname@example.org. All comments received will be posted on the Commission’s website.
R. David Gary
Last Updated: April 2, 2010