The CFTC issued an Order of Registration to ICE Futures Singapore Pte. Ltd. ("ICEFS"), a Foreign Board of Trade ("FBOT") located in Singapore. The Order provides ICEFS-identified members or participants located in the U.S. with direct access to the CFTC electronic order entry and trade matching system.
In its application for registration as an FBOT, ICEFS represented that (i) its regulatory regime satisfies the requirements for registration under CFTC rules, and (ii) it is subject to continued oversight by a regulator comparable to the CFTC (i.e., the Monetary Authority of Singapore). The CFTC determined that ICEFS has demonstrated the ability to comply with the requirements of CFTC rules. ICEFS must continue to fulfill each of the representations it made in support of its registration application.
To date, the CFTC has issued 18 FBOT Orders under CFTC regulations since May 2013.
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