On June 25, 2019, the Commodity Futures Trading Commission announced that it had approved the application of LedgerX LLC (LedgerX) for designation as a contract market under Section 5 of the Commodity Exchange Act (CEA) and Part 38 of the CFTC’s regulations. LedgerX has been registered with the CFTC as a swap execution facility and derivatives clearing organization (DCO) since July 2017.
LedgerX has requested that the CFTC amend LedgerX’s order of registration as a DCO to allow it to clear futures listed on its DCM.
The CFTC press release is available here.
A full copy of the Order of Designation is available here.