On May 15, the Commodity Futures Trading Commission issued an order granting Australian Securities Exchange Limited (ASX24) registration as a foreign board of trade (FBOT). As a registered FBOT, ASX24 is authorized to permit members and other exchange participants to trade directly on its platform without having to trade through an intermediary. With this order, the CFTC has registered 19 foreign boards of trade from 12 countries. ASX24 previously offered direct access to US participants in accordance with no-action relief issued to its predecessor, the Sydney Futures Exchange Limited.
The CFTC’s announcement is available here.