On December 22, the Commodity Futures Trading Commission issued an Order granting the application of International Derivatives Clearinghouse, LLC (IDC) for registration as a derivatives clearing organization (DCO) pursuant to Section 5b of the Commodity Exchange Act. As a result of its DCO registration, IDC has authorization to clear interest rates and currency futures contracts, options on futures contracts, commodity options and over-the-counter derivatives. IDC is a subsidiary of International Derivatives Clearing Group, which is 80% owned by NASDAQ OMX Group, Inc.