Designated contract market
From MarketsWiki
| This page is not complete! |
| Do you have knowledge to contribute on this or other subjects?
Help the wiki grow -- add what you know. |
Designated contract markets are boards of trade (or exchanges) that operate under the regulatory oversight of the Commodity Futures Trading Commission (CFTC).[1]
| This page needs a sponsor. |
| Put your logo here! |
| Email us for information on how to support MarketsWiki. |
The Commodity Futures Modernization Act (CFMA) establishes certain common requirements for all markets, whether principally securities or futures exchanges, trading security futures products. These requirements are made applicable as required listing standards under the 1934 Act for securities exchanges trading security futures and as conditions to designated contract market or Derivatives Transaction Execution Facility (DTEF) status for boards of trade seeking to trade security futures under the CEA.[2]
Contents |
Criteria For Designation
To be designated as a contract market, a board of trade must demonstrate to the CFTC that the board of trade meets the criteria including the capacity to prevent market manipulation and establish and enforce trading rules to ensure fair and equitable trading.
Application Process For a Designated Contract Market
CFTC Part 38 Application Procedures
Resources
References
- ↑ Designation as a Contract Market. CFTC. Retrieved on October 15, 2008.
- ↑ A New Era in Derivatives Regulation: The Commodity Futures Modernization Act of 2000. Dechert. Retrieved on December 9, 2008.
