International derivatives marketplace CME Group today announced that the U.S. Securities and Exchange Commission (SEC) has approved the registration of a new securities clearing house, CME Securities Clearing Inc.

With launch expected in the second quarter of 2026, CME Group will operate CME Securities Clearing to help market participants comply with the SEC clearing mandate for U.S. Treasury transactions (as of December 31, 2026) and Repo transactions (as of June 30, 2027).

“Expanded clearing capacity and capital efficiencies are critical for all market participants working to comply with the U.S. Treasury clearing mandate,” said Terry Duffy, CME Group Chairman and Chief Executive Officer. “We are pleased to provide a solution for clearing both done-with and done-away execution as we continue to extend industry-leading cross-margining with FICC.”

New SEC rules will mandate central clearing for U.S. Treasury and Repo market activity, with compliance deadlines beginning December 31, 2026, for eligible U.S. Treasury transactions and June 30, 2027, for eligible Repo transactions.

To help its clients navigate these new requirements, in addition to its existing cross-margining agreement with FICC, CME Group will launch securities clearing services. Leveraging its expertise in derivatives and cash markets, CME Group seeks to provide a solution to meet the market’s needs along with compelling capital efficiencies.