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CFTC issues no-action letter to DCM Electron Exchange

Stacks of bundles of paper files in several rows and various colors.
Photo: Sean Gallup/Getty Images

The commission granted ElectronX’s request to continue applying the reporting regime for self-cleared contracts to its direct participants.

Permission to file large trader reporting on behalf of direct participants has been granted after a request from designated contact market (DCM) Electron Exchange DCM LLC (ElectronX) to the Division of Market Oversight, part of the US Commodity Futures Trading Commission (CFTC).

Relating to the official letter from the commission,

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