Express

CFTC Allows ErisX To Modify Clearing House License, Allowing The Company To Expand Beyond Crypto

Summary: The Commodities and Futures Trading Commission has proved a license modification for ErisX's clearing house, allowing the company to offer more trading products, according to a recent announcement. The updated license means ErisX can clear products on other products beyond virtual currencies and crypto. The company could list futures or swaps from new crypto related ...

The Commodities and Futures Trading Commission has proved a license modification for ErisX's clearing house, allowing the company to offer more trading products, according to a recent announcement.

The updated license means ErisX can clear products on other products beyond virtual currencies and crypto. The company could list futures or swaps from new crypto related contracts like hash rate futures or crypto indices. Additionally tokenized commodities like precious metals and diamonds could also be listed.

The CFTC amendment also means ErisX can begin offering services to third parties.

By Emily Mason

Last Update:

Tags: ,,,,
Link: CFTC Allows ErisX To Modify Clearing House License, Allowing The Company To Expand Beyond Crypto   [Copy]
Next:

Related Articles

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 16 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago

    • You need to login to comment.