CFTC Grants New York Portfolio Clearing, LLC Registration as a Derivatives Clearing Organization

CFTC Orders

The CFTC issued an Order on January 31, 2011, granting New York Portfolio Clearing, LLC (NYPC) registration as a derivatives clearing organization. NYPC will clear U.S. dollar-denominated interest rate futures contracts traded on NYSE Liffe U.S.

NYPC also has requested approval from the CFTC for the cross-margining of such contracts with U.S. Treasury and other fixed income securities and repurchase agreements cleared by the Fixed Income Clearing Corporation, a securities clearing agency registered with the SEC. The CFTC is still considering that request.

Document Number

CFTC PR 5977-11

Date

February 1, 2011

Cross References

CEA Sec. 5b