CME Group Inc., Intercontinental Exchange Inc. and other swapsclearinghouses will have an extra two months to implement newcollateral rules required by the main U.S. derivatives regulatorunder the Dodd-Frank Act.

The U.S. Commodity Futures Trading Commission delayed rulesgoverning margin to Jan. 14 from Nov. 8 to give the industry moretime to resolve technology problems, Ananda Radhakrishnan, directorof the division of clearing and risk, said today in a letter toclearinghouses. Clearinghouses sought an extension from the CFTC ina letter on Oct. 30.

Under the CFTC rules, clearinghouses are required to collectinitial margin on a gross basis instead of netted to account foroffsetting positions.

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