CFTC approves tZERO subsidiary to operate regulated derivatives exchange
The Commodity Futures Trading Commission has approved a tZERO subsidiary to run a regulated derivatives exchange, adding designated contract market status alongside its existing clearing license.
The Commodity Futures Trading Commission has granted regulatory approval for a tZERO subsidiary to operate a regulated derivatives exchange, according to reports from The Block and Cointelegraph. The decision secures designated contract market status for the trading platform, adding to its existing derivatives clearing organization registration.[3][2][1]
tZERO stated that holding both designations will allow the company to provide fully regulated derivatives trading and clearing infrastructure alongside its existing digital asset services.[3]
Key facts
- The Commodity Futures Trading Commission approved a tZERO subsidiary to operate a regulated derivatives exchange.
- The approval grants tZERO designated contract market (DCM) status.
- The DCM status complements tZERO's existing derivatives clearing organization (DCO) registration.
- tZERO said the approvals allow it to offer regulated derivatives trading and clearing infrastructure alongside its digital asset services.
Sources 路 3 sources
- TW
The Wolf Of All Streets@scottmelkerPost on X 路
馃嚭馃嚫 CFTC APPROVES A TZERO SUBSIDIARY TO OPERATE A REGULATED DERIVATIVES EXCHANGE https://t.co/A9PVZ6wOnQ
Open source - CO
Cointelegraph@CointelegraphPost on X 路
馃嚭馃嚫 NEW: The CFTC has approved a tZERO subsidiary to operate a regulated derivatives exchange. https://t.co/Xk0Xzp3MvZ
Open source - TB
The Block@TheBlockCoPost on X 路
THE BLOCK: tZERO received CFTC approval to operate a regulated derivatives exchange, adding a DCM to its existing DCO registration. The company said the approvals allow it to provide regulated derivatives trading and clearing infrastructure alongside its digital asset services. https://t.co/V5HuMT0Bjy
Open source