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CME Group intends to close CME Europe and CME clearing Europe by year end
April 12, 2017 / 2:16 PM / in 7 months

CME Group intends to close CME Europe and CME clearing Europe by year end

LONDON, April 12 (Reuters) - CME Group, one of the world’s biggest exchanges, is closing two loss-making operations in London by year end, saying on Wednesday customers preferred using its U.S. operations.

The Chicago Mercantile Exchange Group said that after closing its UK-based derivatives exchange and clearing house, it would continue to have a significant operation to serve European customers. (Reporting by Huw Jones; Editing by David Holmes)

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