CFTC-PR-8957-24 (Aug. 29, 2024) CFTC Grants Kalshi Klear LLC DCO Registration Washington, D.C. — The Commodity Futures Trading Commission announced today it has issued Kalshi Klear LLC (Kalshi) an Order of Registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA). Date: Aug. 29, 2024 Accessed: Aug. 29, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8957-24 Categories: […]
Category: Derivatives Clearing Organization
A Derivatives Clearing Organization (DCO) is a financial entity that facilitates the clearing and settlement of derivative transactions, ensuring the fulfillment of contractual obligations between buyers and sellers. DCOs play a critical role in mitigating counterparty risk by becoming the intermediary for both parties in a trade, guaranteeing the performance of the contract even if one party defaults. They are regulated by the Commodity Futures Trading Commission (CFTC) in the U.S. and must adhere to strict standards for risk management, financial resources, and operational capabilities. By providing a structured and secure clearing process, DCOs help maintain market stability, enhance transparency, and protect market participants from systemic risks.
CFTC-PR-8949-24 (Aug. 23, 2024) CFTC Staff Issues No-Action Letter for EU-Based and UK-Based DCOs Regarding Certain Requirements Applicable to DCOs Washington, D.C. — The Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) today issued a no-action letter to address the applicability of certain CFTC regulations to registered derivatives clearing organizations (DCOs) based in either […]
CFTC-PR-8866-24 CFTC Approves Proposed Rules and Other Commission Business Date: Feb. 20, 2024 Date Accessed: Aug. 1, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8866-24 Categories: CFTC-2402 CFTC Rules-Changes Derivatives Clearing Organization Designated Contract Markets Foreign Boards of Trade Futures Commission Merchants Swap Execution Facility PDF Notes: The PDF viewer below disables the links inside the PDF file. The PDF file […]
CFTC-PR-8862-24 CFTC to Hold a Commission Open Meeting on February 15, 2024 Date: Feb. 8, 2024 Accessed: Aug. 1, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8862-24 Categories: CFTC Meetings & Events CFTC TAC CFTC-2402 Derivatives Clearing Organization Designated Contract Markets Foreign Boards of Trade Futures Commission Merchants PDF Notes: The PDF viewer below disables the links inside the PDF file. The […]
CFTC-PR-8858-24 CFTC Extends Public Comment Period on Proposed Rule on Protection of Clearing Member Funds Date: Feb. 2, 2024 Accessed: Aug. 1, 2024 Source URL: https://www.cftc.gov/PressRoom/PressReleases/8858-24 Categories: CFTC Request for Comments CFTC-2402 Derivatives Clearing Organization PDF Notes: The PDF viewer below disables the links inside the PDF file. The PDF file may be downloaded if you wish. […]