The CFTC granted Orders of Registration under CFTC Rule 48.8 to five foreign boards of trade ("FBOTs"). The registrations allow the FBOTs to provide identified members, or other participants located in the United States, with direct access to the FBOT's electronic order entry and trade matching systems. The registration was granted after the CFTC determined that each FBOT: (i) has the attributes of an established, organized exchange; and (ii) is subject to continued oversight by a regulator that provides comprehensive supervision and regulation that is comparable to the supervision and regulation exercised by the CFTC. The FBOTs are as follows:
- Eurex Deutschland (Eurex);
- CME Europe Limited (CMEEL);
- ICE Futures Europe (IFE);
- The London Metal Exchange (LME); and
- London Stock Exchange plc. (LSE).
The CFTC reported that it has issued, under CFTC regulations and based upon the recommendations of the Division of Market Oversight, seven FBOT Orders of Registration this year, with a total of fourteen Orders since the enactment of the Dodd-Frank Act.
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