CME to Close European and Australian Repositories and Regulatory Reporting Division

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CME Group has confirmed that it will close its NEX Regulatory Reporting and Abide Financial division by 30th November this year.

In a statement, CME Group said that following its acquisition of NEX in November 2018, it had evaluated its business portfolio and decided to close down the operations of part of its regulatory services.

CME will retain its United States (CFTC) Swap Data Repository and its Canadian Trade Repository services.

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