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CFTC Staff Addresses Use of Trust Companies for Daily Settlements

The Commodity Futures Trading Commission’s Division of Clearing and Risk today issued a no-action letter addressing whether derivatives clearing organizations may use trust companies to conduct daily settlements with clearing members.

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U.S. Commodity Futures Trading Commission
Published
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65 words · 1 min

WASHINGTON — The Commodity Futures Trading Commission’s Division of Clearing and Risk today issued a no-action letter addressing whether derivatives clearing organizations may use trust companies to conduct daily settlements with clearing members.

According to the letter, a derivatives clearing organization may use a trust company for daily settlements if it treats the trust company as it would a settlement bank under applicable CFTC requirements.

-CFTC-

Where this came from

This story was first published by U.S. Commodity Futures Trading Commission on 5 Nov 2026. HUE Legacy Ventures did not write it.

US Government work — 17 U.S.C. §105, not subject to domestic copyright.

Read it at cftc.gov →