OTC Financial Derivative Products

EMIR compliant Interest Rate Swap Clearing under English Law

CME Group has created a best-in-class global client clearing solution that has over 50% of the global client IRS open interest.

By using CME Clearing Europe to clear your OTC derivatives, you can benefit from:

  • Widest breath of currencies of any CCP in Europe
  • The first and only CCP to offer a live Fully Segregated Account solution in addition to Omnibus and Individual Segregation, offering clients maximum protection of their assets
  • Superior technology and global client service model enables real-time clearing, 23 hours and 45 minutes per day
  • Full transparency through direct access to daily yield curves, position valuations and individual account margin reports
  • Follow-the-Sun Global Client Service Support
  • Ability to real-time clear trades in all time zones, including in APAC business hours when our competitors do not
  • Operational efficiencies of a multi-asset class solution through a single integrated clearing platform
  • A single set of flexible legal documentation that is rules-based and applies across all of our financial and commodity asset classes
  • Extensive technical and operational expertise of CME Group and CME Clearing with more than a century of experience, guaranteeing the performance of derivative contracts and protecting financial markets
  • Ability to provide trade reporting of all trades to European regulators as well as a delegated reporting service

Product Information

IRS Product Offering

Product Type Max 51 Year Maturity Max 31 Year Maturity Max 30 Year Maturity Max 15 Year Maturity Max 11 Year Maturity Max 3 Year Maturity
Vanilla Fixed vs. Float EUR, GBP, USD AUD, CAD, CHF, DKK, JPY, NOK, SEK   HKD, NZD, SGD CZK, HUF, MXN, PLN, ZAR  
Amortizing & Accreting Swaps (Variable Notional) EUR, GBP, USD AUD, CAD, CHF, DKK, JPY, NOK, SEK        
Basis Swap EUR, GBP, USD JPY FED Funds      
Zero Coupon Swap EUR, GBP, USD          
Overnight Index Swap (OIS)     EUR, GBP, JPY, USD      
Forward Rate Agreements (FRAs)           EUR, GBP, JPY, USD, ZAR