8 Apr 2025
📈Cboe Futures Exchange Proposes Rule Change for Multiple Clearing Houses
Self-Regulatory Organizations; Cboe Futures Exchange, LLC; Notice of a Filing of a Proposed Rule Change To Accommodate the Use of Multiple Clearing Houses
Summary
The Cboe Futures Exchange (CFE) has proposed a rule change to enable the use of multiple clearing houses for its products, specifically allowing for the inclusion of Cboe Clear U.S. (CCUS) alongside The Options Clearing Corporation (OCC). This change is aimed at facilitating more efficient clearance and settlement processes in futures trading.
Agencies
- Securities and Exchange Commission
Business Impact
$$ - Med
The proposed rule change by Cboe Futures Exchange (CFE) to accommodate multiple clearing houses has significant compliance and regulatory implications for business owners and executives involved in trading future products. New reporting and recordkeeping requirements related to security futures could affect operational costs and regulatory compliance strategies.