CME Group shuts down CME Europe and CME Clearing Europe
The move follows customers' preference for the exchange's US infrastructure, the group said
CME Group has announced its intention to close its London-based derivatives exchange and clearing house – CME Europe and CME Clearing Europe – by the year end.
The world’s largest regulated foreign exchange marketplace said in today’s statement that it will work closely with the whole market over the coming months to ensure a smooth transition and an orderly wind down of business operations, including the provision of CME Group market alternatives for actively traded products on CME Europe.
“W
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