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CME Signs Term Sheet For OTC Interest Rate Swaps

CME Group has signed a non-binding term sheet with the 10 global swap dealers that are the founding member of CME’s clearing service for over-the-counter interest rate swaps.

CME Group has signed a non-binding term sheet with the 10 global swap dealers that are the founding member of CME’s clearing service for over-the-counter interest rate swaps. The founding members are Bank of America Merrill Lynch, Barclays Capital, Citigroup, Credit Suisse, Deutsche Bank Securities, Goldman Sachs, JPMorgan, Morgan Stanley, Nomura and UBS.

Click here to read the release from CME Group

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