CME Clearing
Chicago Mercantile Exchange Clearing
Clearing house division of CME Group providing central counterparty services for derivatives markets.
CME Clearing serves as central counterparty for all CME Group exchanges including Chicago Mercantile Exchange, Chicago Board of Trade, NYMEX, and COMEX. The clearinghouse clears futures, options, and cleared derivatives across asset classes including agricultural products, energy, metals, equity indices, interest rates, and foreign exchange. CME Clearing uses comprehensive risk management including SPAN margining methodology, real-time surveillance, and stress testing. The organization operates robust default procedures and maintains substantial financial resources including member guaranty funds. CME Clearing has expanded into over-the-counter derivatives clearing and provides services for international markets through subsidiaries and partnerships.
Example
Crude oil futures clearing, S&P 500 index options, interest rate swap clearing