CME to wind down regulatory reporting businesses and EU and Australian trade repositories

Following an evaluation of its business portfolio after the acquisition of NEX Group in November 2018, CME Group has made the decision to wind down its Abide Financial and NEX Regulatory Reporting businesses and its European and Australian Trade Repositories by 30 November 2020, the exchange said in a statement. CME will retain the US (CFTC) Swap Data Repository and Canadian Trade Repository services.

“During the coming months, CME Group will work closely with all clients and regulators to ensure a smooth transition and an orderly wind down of the impacted services,” the statement said.

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