Market regulation · 09/07/2014Updated: 10/17/2026 · 1 min read
Chicago Mercantile Exchange Inc. Seeks Immediate Approval for New Rule on FX Contracts Settlement Procedures
Summary
The Chicago Mercantile Exchange Inc. has filed a proposed rule change with the relevant regulatory body, aiming to update settlement procedures for five specific types of cleared over-the-counter foreign exchange, forward, and swap contracts, which will take effect immediately upon approval.