A derivatives clearinghouse (CCP) that is registered with the Commodity Futures Trading Commission (CFTC) and therefore eligible to clear non-security-based swaps under Title VII of the Dodd-Frank Act. Swaps for which a final Title VII clearing determination has been made must be cleared through a DCO. To date, these include certain credit default swaps (CDS) and interest rate swaps (see Legal Update, Final Clearing Determination for CDS and Interest Rate Swaps Issued by CFTC). DCOs also provide clearing services for other CFTC-regulated products, such as futures and options. For more information on DCOs and swap clearing under Title VII, see Practice Note, US Derivatives Regulation: Swap Clearing and Trade Execution. For details on the mechanics of derivatives clearing, see Practice Note, Mechanics of Derivatives Clearing.