Korea Exchange joins OTC Clearing Hong Kong in the final application stage
The US Commodity
Futures and Trading Commission (CFTC) on Tuesday called for
public comment on an application by Korea Exchange for
permanent exemption from registration as a derivatives clearing
Korea Exchange joins OTC Clearing Hong Kong in the final stages of
application process to be granted permanent exemptions
from the CFTC registration as overseas clearing
Under Dodd-Frank rules,
a clearing house that clears for a US person, either directly
with a US clearing member or indirectly for US customers of a
clearing member, must register as a DCO with the CFTC or gain
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