Clearinghouses Park Billions in New Fed Accounts

CME Group, Options Clearing Corp. among large companies that have opened accounts at the Fed

Financial firms are lining up for the hottest new account on Wall Street: checking with interest at the Federal Reserve.

CME Group Inc. and the Options Clearing Corp. are among large companies that have parked billions of dollars in new accounts at the Fed, reflecting a recent rule change that made the accounts more widely available and the attractive rates paid by the central bank on deposits.