CFTC’s new rule gives FBOTs direct access

The main, substantive amendment in the FBOT Final Rule is to now include introducing brokers as a permissible intermediary.

Foreign boards of trade will be able to grant direct access to their systems after a rule amendment by the commodities regulator.

The Commodity Futures Trading Commission (CFTC) announced that it is amending part 48 of its regulations. This will permit a registered foreign board of trade (FBOT) to provide direct

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