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CME CLEARING EUROPE LIMITED

APPLICATION FOR TEMPORARY EXEMPTIVE RELIEF

NOTICE OF COMMISSION ORDER



On May 3, 2011, the Commission granted CME Clearing Europe Limited (CMECE) an interim exemption from the requirement in subsection 21.2(0.1) of the Securities Act (Ontario) (Act) to be recognized as a clearing agency. CMECE is exempted from the requirement until the earlier of (i) the date the Commission renders a subsequent order recognizing CMECE as a clearing agency under subsection 21.2(0.1) of the Act or exempting it from the requirement to be recognized as a clearing agency under section 147 of the Act, and (ii) November 3, 2011. The exemption order is subject to certain terms and conditions.

A copy of the temporary exemption order is published in Chapter 2 of this Bulletin.