CME Clearing Europe to clear two iron ore OTC contracts

摘要

CME Clearing Europe, the European clearing house of the CME Group, will offer two new over-the-counter (OTC) iron ore contracts, according to an official announcement from the company Monday. The London-based clearing house will begin clearing the Iron Ore 62% CFR China (TSI) Calendar Swap and the Iron Ore 62% CFR China (TSI) Average Price Option on Monday.