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The CFTC Has Reinstated TeraExchange As A Swap Execution Facility
Summary: The Commodities and Futures Trading Commission issued an order on Monday August, 31 reinstating TeraExchange LLC. as a swap execution facility, according to a recent statement. In May 2016, the company had been granted full registration to offer Bitcoin forwards contracts and a Bitcoin price index. In the three years following TeraExchange's registration as a swap ...
The Commodities and Futures Trading Commission issued an order on Monday August, 31 reinstating TeraExchange LLC. as a swap execution facility, according to a recent statement.
In May 2016, the company had been granted full registration to offer Bitcoin forwards contracts and a Bitcoin price index. In the three years following TeraExchange's registration as a swap execution facility the CFTC saw no trading activity and deemed the company dormant in 2019.
There 19 swap execution facilities registered with the CFTC, including the newly reinstated TeraExchange.
By Emily Mason
Tags: CFTC,Swap Execution Facilities,TeraExchange
Link: The CFTC Has Reinstated TeraExchange As A Swap Execution Facility [Copy]