CME Europe has its last trading day, routes to US

By GlobalCapital
31 Aug 2017

CME Group on Wednesday shut its London-based derivatives exchange, CME Europe, and clearing house, CME Clearing Europe. All positions that were still open on August 30 have now been closed and settled.

CME Group announced on April 12 that the exchange and clearing house would be closed by the year end. However, open interest declined quicker than expected, so that on May 19 a closing date of August 30 was scheduled.

In the April announcement William Knottenbelt, CME Group ...

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