US Commission Considers New Rules As Electronic Trading Crosses Borders
ELECTRONIC TRADING
WASHINGTON--Increasing interest from non-US exchanges seeking to extend themselves via electronic terminals outside of their home countries has prompted the US Commodity Futures Trading Commission (CFTC) to consider issuing new rules.
"We've had a tremendous number of inquires from foreign exchanges to place terminals in the US, and they want to do so in a way where they would not have to become full-scale CFTC registrants," says Michael Greenberger, director of the commission's trading and
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