September 24, 2015
CFTC Grants Nodal Clear, LLC Registration as a Derivatives Clearing Organization
Washington, DC — The U.S. Commodity Futures Trading Commission (Commission) today issued an order granting Nodal Clear, LLC (Nodal Clear) registration as a derivatives clearing organization (DCO) based on Section 5b of the Commodity Exchange Act.
Subject to the terms and conditions of the order, Nodal Clear is authorized to provide clearing services for financially settled futures and options on futures executed on or through its affiliated designated contract market, Nodal Exchange, LLC.
Nodal Clear is the first DCO to elect to become a Subpart C DCO at the time of its registration.
Last Updated: September 24, 2015