Tuesday September 1 2015

News Source: Global Exchanges

Focus: Trading Rules

Type: General

Country: Canada

Link: http://www.tsx.com/news?id=265




Montréal Exchange Inc. (MX), Canada`s national derivatives exchange, announced that the U.S. Commodity Futures Trading Commission (CFTC) has approved its application to register as a Foreign Board of Trade (FBOT). Under the Order, MX is permitted to provide its identified members and other participants located in the U.S. with direct access to MX`s electronic order entry and trade matching system.

The new FBOT status recognizes MX`s demonstrated ability to comply with the requirements of the applicable CFTC regulations. MX previously offered direct access pursuant to no-action letters issued by CFTC staff.

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