CME Launches DJ-UBSCI Swaps
In November, CME Group announced the Dec. 7 launch of cash-settled swaps on the Dow Jones-UBS Commodity Index. The exchange said that it would be providing clearing services through its CME ClearPort service.
The new swaps join CME’s existing futures contract on the DJ-UBSCI.
According to the CME, the swaps “will be subject to position accountability, transaction reporting, and margining and risk management standards that are comparable to commodity index futures contracts.”
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