SGX Amends CCP Membership For U.S. Dealers

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SGX Amends CCP Membership For U.S. Dealers

The Singapore Exchange’s over-the-counter derivatives clearinghouse is looking to amend its clearing rules to allow U.S. swap dealers to join the CCP under a new membership category. The move will help the SGX’s CCP gain approval as a derivatives clearing organization under U.S. Commodity Futures Trading Commission rules.

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