Ensuring Regulatory Compliance

Rules, notices and regulatory information for Clear Markets North America, Inc., a Swap Execution Facility regulated by the CFTC.

Rulebook

The rules governing access, trading and conduct on the Clear Markets SEF, including the default trading agreement and Credit Support Annex.

Clear Markets SEF Rulebook

Effective June 2, 2026 · PDF

Amendments

Rule Amendment LetterJune 2, 2026Latest Rule Amendment LetterNovember 9, 2025 Rulebook (Redline)November 5, 2025 Rulebook (Redline)November 2024 Rulebook FOIA RequestAugust 2024 Rule Amendment LetterMarch 2024

Show earlier amendments

Rule Amendment LetterAugust 2022 Rule Amendment LetterApril 2022 Rule Amendment LetterJanuary 2022 Rule Amendment LetterJune 2021 Rule Amendment LetterNovember 2020 Rule Amendment LetterAugust 2017 Rule Amendment LetterJuly 2017 Rule Amendment Letter (Modified Previous Amendment)December 2016 Rule Amendment LetterNovember 2016 Rule Amendment Letter (Modified Previous Amendment)September 2016 Rule Amendment LetterSeptember 2016 Rule Amendment LetterAugust 2016 Rule Amendment LetterAugust 2016 Rule Amendment LetterApril 2016 Rule Amendment LetterApril 2016 Rule Amendment LetterFebruary 2016 Rule Amendment LetterJuly 2015 Rule Amendment LetterJune 2015

Notices

CMSEF Perpetual SwapNotice of New ProductLatest CMSEF Delisting of Products referenced to LIBORNotice of Delisting CMSEF Physically Settled Cross-Currency SwapsNotice of New Product CMSEF Physically Settled SwapsNotice of New Product CMSEF Physically Settled OptionsNotice of New Product CMSEF Physically Settled Uncleared OptionNotice of New Product CMSEF OIS Swaps (USD Fed Funds)Notice of New Product CMSEF Fixed to Floating Swaps (USD LIBOR)Notice of Amendment to Product CMSEF Fixed to Floating Swaps (USD LIBOR)Notice of New Product CMSEF Basis Swaps (USD LIBOR)Notice of New Product

Fee schedule

CMSEF Fee ScheduleEffective September 1, 2023Current

End-of-day data

End of Day DataDaily trade reports for CMSEF · prod1reporting.clear-markets.com