Bitnomial Exchange, LLC |
Designated |
04/17/2020 |
|
3 |
LedgerX LLC |
Designated |
06/24/2019 |
LedgerX LLC is a DCM and a SEF doing business as MIAX Derivatives Exchange. |
13 |
FMX Futures Exchange, L.P. |
Designated |
04/20/2010 |
The CFTC issued an Order of Designation to FMX Futures Exchange, L.P. ("FMX") (formerly CX Futures Exchange, L.P. and originally Cantor Futures Exchange, L.P.) on April 20, 2010. On April 29, 2022, FMX filed a request to amend its Order of Designation to permit intermediated trading on a new "FMX Division" of the exchange. The Commission approved the request and issued an Amended Order of Designation to FMX on January 22, 2024. |
5 |
IMX Health, LLC |
Designated |
01/18/2024 |
|
8 |
Coinbase Derivatives, LLC |
Designated |
11/23/2020 |
LMX Labs, LLC is a designated contract market (DCM) which started doing business as FairX but then changed to doing business as Coinbase Derivatives or just Coinbase. The exchange clears through Nodal Clear, a Derivatives Clearing Organization (DCO) and part of EEX Group, which is in turn part of Deutsche Brse Group. As of 12/21/23, LMX Labs, LLC changed its legal name to Coinbase Derivatives, LLC. |
5 |
MIAX Futures Exchange, LLC |
Designated |
12/21/2000 |
The Minneapolis Grain Exchange (MGE) was established by the Minneapolis Chamber of Commerce in 1881 as an organization designed to promote trade in grains and to prevent abuses. In 1947, it became the MGE. MGEX became MGEX, Inc. upon its merger with and into the latter entity, a Delaware corporation, on 9/20/10. The Commission issued orders transferring the contract market designation, the derivatives clearing organization registration, the listed contracts, and the open interest in those contracts from MGEX to MGEX, Inc. on 9/16/10 to become effective upon the merger of MGEX with and into MGEX, Inc. On November 23, 2020, the Commission issued an order approving the transfer of the contract market designation of MGEX, Inc. to Minneapolis Grain Exchange, LLC. On October 1, 2024, the Minneapolis Grain Exchange, LLC changed its name to MIAX Futures Exchange, LLC. |
4 |
ICE Futures U.S., Inc. |
Designated |
06/10/2004 |
ICE Futures US (ICE US) (formerly known as the New York Board of Trade (NYBOT)) became a wholly-owned subsidiary of ICE on on January 12, 2007. ICE is a for-profit, publicly traded company that also owns ICE Futures Europe and an exempt commercial market also known as ICE. NYBOT was formed in 1998 with the merger of the Coffee Sugar and Cocoa Exchange (CSCE) and the New York Cotton Exchange (NYCE). The contract market designations of CSCE and NYCE were extinguished and transferred to NYBOT in June of 2004. On September 3, 2007, NYBOT was renamed ICE Futures U.S., Inc. |
4 |
New York Mercantile Exchange, Inc. |
Designated |
12/21/2000 |
On August 22, 2008, The New York Mercantile Exchange (NYMEX) became a wholly-owned subsidiary of CME Group Inc. NYMEX was founded in 1872 as the Butter and Cheese Exchange of New York and became the NYMEX in 1882. Since 1994, the Commodity Exchange (COMEX) has operated as a subsidiary of NYMEX. |
0 |
ForecastEx LLC |
Designated |
06/24/2024 |
|
9 |
Nodal Exchange, LLC |
Designated |
09/27/2013 |
Nodal Exchange, LLC trades financially settled power contracts, including (1) locational marginal pricing (energy, loss, and congestion) or any component of locational marginal pricing of electricity at hubs, zones and nodes in the United States and Canada and (2) natural gas at Henry Hub. Clearing services are provided by Nodal Clear. Nodal Exchange, LLC was previously operating as an Exempt Commercial Market ("ECM") as of April 2009. Nodal Exchange submitted an application for DCM registration on October 11, 2012 and was designated as a DCM on September 27, 2013. |
12 |
Cboe Digital Exchange |
Designated |
10/28/2011 |
This DCM was originally designated under the name Eris Exchange. It was acquired by Cboe Digital Holdings, Inc. on May 2, 2022 and changed its name to Cboe Digital Exchange, LLC on October 1, 2022. |
5 |
Small Exchange, Inc. |
Designated |
03/10/2020 |
. |
12 |
Chicago Board of Trade (Board of Trade of the City of Chicago, Inc.) |
Designated |
12/21/2000 |
On 7/12/07, the Chicago Board of Trade (CBOT) became a subsidiary of CME Group Inc. CBOT was originally organized as a grain cash market in 1848; the CBOT is generally considered to be the oldest organized futures exchange. In 1859, the CBOT was granted a charter by the Illinois legislature which, among other things, standardized grades and provided for inspectors of grain to be appointed by the CBOT, whose decisions were binding on members. In 1865, formal trading rules were instituted particularly concerning margin and delivery procedures. In 1877 the CBOT began publishing futures prices, and in 1883 the first clearing organization was established to clear CBOT contracts, initially on a voluntary basis. Under a clearing service agreement between CBOT and CME, most clearing functions for CBOT contracts are performed by CME. |
1 |
Cboe Futures Exchange, LLC |
Designated |
08/07/2003 |
CBOE Futures Exchange, LLC has changed its name to Cboe Futures Exchange, LLC effective October 31, 2017. |
2 |
Chicago Mercantile Exchange, Inc. |
Designated |
12/21/2000 |
The Chicago Mercantile Exchange (CME) was originally known as the Chicago Butter and Egg Board, which was formed in 1898. It became the CME in 1919, trading futures on a variety of agricultural products. On 7/12/07, CME and the Chicago Board of Trade mergered, both becoming subsidiaries of CME Group Inc. |
1 |
Commodity Exchange, Inc. |
Designated |
12/21/2000 |
The Commodity Exchange (COMEX) was founded in 1933 from the merger of the National Metal Exchange, the Rubber Exchange of New York, the National Raw Silk Exchange, and the New York Hide Exchange (the oldest of these exchanges was founded in 1882). Since 1994, COMEX has operated as a subsidiary of the New York Mercantile Exchange (NYMEX). |
0 |
North American Derivatives Exchange, Inc. |
Designated |
02/18/2004 |
The DCM was originally designated in 2004 for non-intermediated trading under the name HedgeStreet, Inc., before later being acquired by IG Group and changing its name to the North American Derivatives Exchange, Inc. (NADEX) in June 2009. On March 30, 2010, the Commission amended the Order of Designation to allow trading on NADEX both through FCMs as well as on a non-intermediated basis. NADEX was acquired by Foris DAX Markets, Inc. in March 2022 and the DCM now also does business under the name of Crypto.com. |
4 |
Kalshi |
Designated |
11/03/2020 |
In November 2023, KalshiEX LLC submitted a petition requesting the Commission modify its Order of Designation to permit intermediated futures trading. |
14 |
Merchants Exchange |
Dormant |
10/01/2004 |
The Merchants Exchange (ME) was originally established in 1836 as a cash commodity market known as the Merchants Exchange of St. Louis. It was designated as a contract market by the Secretary of Agriculture twice. ME was first designated as a contract market on May 12, 1923. That designation was vacated on August 31, 1957. ME was designated again on April 13, 1962, and it appears that that designation was vacated in 1974. In 2000, the ME was designated as a contract market by the CFTC under the name Merchants Exchange of St. Louis, operating as an electronic exchange. It changed its name to ME in January 2002. |
0 |
New York Futures Exchange |
Dormant |
02/01/2004 |
The New York Futures Exchange (NYFE) originally was a subsidiary of the New York Stock Exchange when it was established in 1980. It was sold to the New York Cotton Exchange (NYCE) in 1994. All NYFE contracts were transferred to the NYCE on August 1, 2003, and in June 2004, these contracts were transferred to the New York Board of Trade (NYBOT); NYBOT was formed in 1998 when NYCE merged with the Coffee, Sugar and Cocoa Exchange. NYFE now is a subsidiary of NYBOT. |
0 |
onExchange Board of Trade, Inc. |
Dormant |
01/01/2004 |
onExchange Board of Trade (ONXBOT) was designated as a DCM on December 22, 2000. The original business plan was for an internet based electronic exchange, but ONXBOT has never commenced trading. |
0 |
Twin Cities Board of Trade |
Dormant |
01/01/2004 |
The Twin Cities Board of Trade (TCBT) currently is not operational. The only authorized contract was the British Pound/Deutsche Mark Cross Rate future, for which trading was never initiated. |
0 |
ELX Futures, L.P. |
Dormant |
07/01/2017 |
ELX listed for trading U.S. Treasury futures and used the eSpeed electronic trading platform. Clearing services were provided by OCC and regulatory services were provided by NFA. The last trade that took place on ELX was in June of 2016. |
11 |
The Trend Exchange, Inc. |
Dormant |
05/01/2013 |
The Trend Exchange, Inc. was originally designated as a DCM on April 16, 2010 under the name Media Derivatives, Inc. which initially intended to list binary options on motion picture revenues as well as other media-related products. No trading has occurred on the exchange and it became dormant under the definition of dormant contract market in Commission Regulation 40.1(c) on May 1, 2013. |
28 |
AMEX Commodities Corporation |
Dormant |
01/01/2004 |
The AMEX Commodities Corporation (ACC) was designated as a contract market on February 15, 1985. ACC currently is not operational; there has been no activity on the ACC since 1986. |
0 |
Chicago Climate Futures Exchange, LLC |
Dormant |
03/01/2013 |
The Chicago Climate Futures Exchange (CCFE) is wholly owned by Chicago Climate Exchange Inc (CCX). CCX previously filed a notice with the Commission to operate as an exempt commercial market (ECM). CCS announced plans to wind down operations in August of 2011. Effective as of February 28, 2012 there is no remaining open interest in contracts at CCFE and all contracts have been delisted. |
1 |
Exchange Place Futures Exchange, L.L.C |
Dormant |
06/01/2004 |
Exchange Place Futures Exchange, LLC originally was designated as BrokerTec Futures Exchange (BTEX) on June 18, 2001. BTEX ceased operations in November 2003. As of January 30, 2004, Exchange Place Futures is wholly owned by U.S. Futures Exchange LLC (USFE). |
2 |
U.S Futures Exchange, L.L.C. |
Dormant |
01/01/2010 |
The U.S. Futures Exchange (USFE, but originally known as Eurex US) is owned approximately 67% by Man Group USA Inc., a New York Corporation, approximately 29% by U.S. Exchange Holdings, Inc., a Delaware corporation that is a separately capitalized wholly-owned subsidiary of Eurex Frankfurt, AG, and approximately 4% by Exchange Place Holdings, L.P., a Delaware limited partnership. USFE ceased exchange operations effective 12/31/08; as of 01/01/10, USFE became dormant. |
1 |
FutureCom, LTD. |
Dormant |
01/01/2004 |
FutureCom was designated as a contract market subject to specific conditions preventing the exchange from trading until the conditions were satisfied. The specific designation conditions are set forth in the CFTCs approval letter and Order. FutureCom never commenced trading, as the conditions placed on its designation were not met prior to the exchange becoming dormant. FutureComs business plan is to be an internet based, electronic exchange. |
1 |
trueEX LLC |
Dormant |
11/01/2019 |
trueEX LLC intends to list interest rate swaps as its initial contracts. Regulatory services for trueEX LLC will be provided by NFA. Clearing services will be provided by the CME. The 180-day review period under section 6 of the CEA was stayed on 4/9/2012. The stay was subsequently lifted on June 7, 2012. |
10 |
American Gas Exchange, LLC |
Pending |
09/20/2016 |
|
1 |
Electron Exchange DCM, LLC |
Pending |
07/06/2023 |
|
7 |
Aristotle Exchange DCM, Inc. |
Pending |
10/07/2021 |
|
8 |
QCX LLC |
Pending |
06/16/2022 |
|
6 |
Railbird Exchange, LLC |
Pending |
01/10/2023 |
|
7 |
GFI Futures Exchange LLC |
Pending |
03/19/2013 |
. |
20 |
The Environmental Exchange |
Pending |
04/20/2023 |
|
8 |
Aqua-Index Exchange, LLC |
Pending |
08/10/2015 |
|
4 |
MidAmerica Commodity Exchange |
Vacated |
05/13/2004 |
All MidAmerica Commodity Exchange (MidAm) contracts were transferred to its parent, the Chicago Board of Trade, as of April 7, 2003. |
3 |
New Orleans Cotton Exchange |
Vacated |
04/21/1975 |
Founded in 1871 as the New Orleans Cotton Exchange, it was first designated in 1936. The last futures trade occurred in 1964. The exchange designation was never formally vacated but the exchange was not active on April 21, 1975, the effective date of the CFTC Act of 1974, when the CFTC commenced operations. The CFTC carried over those contract market designations that were active in 1975 and for which the exchange applied for continuing contract market designation; all existing designations for inactive exchanges were effectively vacated as of 4/21/1975. |
0 |
NQLX LLC Futures Exchange |
Vacated |
10/19/2010 |
On June 16, 2010, NYSE Euronext, the ultimate parent of NQLX requested that the status of NQLX as a designated contract market be vacated and set aside by the CFTC. Comments with respect to this request were due by August 6, 2010. NQLX was originally designated as a DCM in August 2001. On July 1, 2005, it met the definition of a "dormant" DCM and since that time has remained inactive. NQLX was merged into LIFFE Ventures in late 2010. |
1 |
New York Cotton Exchange |
Vacated |
06/09/2004 |
The New York Cotton Exchange (NYCE) merged with the Coffee, Sugar and Cocoa Exchange (CSCE) on June 10, 2004, and became the New York Board of Trade (NYBOT) as the final step of a merger that began in 1998. The Citrus Associates, FINEX, and NYFE were owned by NYCE. NYBOT was formed in 1998 when CSCE and NYCE merged. |
2 |
OneChicago LLC |
Vacated |
12/21/2020 |
OneChicago LLC listed for trading security futures products and was owned primarily by Interactive Brokers Group, LLC, CBOE, and CME. |
3 |
NASDAQ Futures, Inc. |
Vacated |
09/16/2020 |
The Philadelphia Board of Trade (PBOT), was first approved by the CFTC as a contract market on 5/18/85. Effective 11/7/13, the name of the exchange was changed to NASDAQ Futures, Inc. (NQF). NQF remained a DCM until 1/1/14, on which date it became a "dormant designated contract market" as defined in CFTC regulation 40.1. On 2/6/14, NQF submitted an application to be reinstated as a DCM, pursuant to sections 5 and 6(a) of the CEA and part 38 of the CFTCs regulations. On 7/2/14, NQFs DCM application was stayed pursuant to section 6(a) of the CEA and CFTC regulation 38.3(c). The stay was lifted on 9/29/14. Effective November 21, 2014, NQFs application for reinstatement was approved and its contract market designation was reinstated pursuant to Sections 5 and 6(a) of the Commodity Exchange Act and Part 38 of the CFTCs regulations. Nasdaq Futures Inc. was vacated effective September 16, 2020. |
26 |
Pacific Commodity Exchange |
Vacated |
05/04/1977 |
The Pacific Commodity Exchange (PCE) was located in San Francisco, CA. It traded coconut oil, palm oil and several metals. The PCEs contract market designation was revoked as the result of a settlement with the CFTC, after PCE had been charged with failing to enforce its rules. |
1 |
Pacific Futures Exchange |
Vacated |
04/21/2008 |
On January 17, 2008, the Pacific Futures Exchange ( PFE) requested that the CFTC vacate PFEs contract market designation as of April 21, 2008. PFE has not been operational since PFE was orginally designated as a contract market on July 22, 1986. PFEs contract market designation was vacated, effective April 21, 2008. |
1 |
Baltimore Chamber of Commerce |
Vacated |
08/18/1936 |
No futures contracts are known to have been traded on the Baltimore Chamber of Commerce after designation. Originally Designated on 8/15/1923, Vacated on 8/18/1936. |
2 |
Duluth Board of Trade |
Vacated |
03/15/1972 |
The Duluth Board of Trade, located in Duluth, MN, was founded in 1881. The last futures trade was in 1946. Originally Designated on 5/11/1923. Vacated on 3/15/1972. |
1 |
Hutchinson Board of Trade Association |
Vacated |
10/26/1936 |
The Hutchinson Board of Trade Association operated as a wheat market in Hutchinson, Kansas. Originally designated on 3/16/1932. Vacated on 10/26/1936. |
2 |
International Commercial Exchange |
Vacated |
04/21/1975 |
Originally designated on 4/9/1971. It ceased operations in 1973 and former International Commercial Exchange traders were granted certain trading privileges on the New York Mercantile Exchange. The exchange designation was never formally vacated but the exchange was not active on April 21, 1975 , the effective date of the CFTC Act of 1974 when the CFTC commenced operations. The CFTC carried over those contract market designations that were active in 1975 and for which the exchange applied for continuing contract market designation; all existing designations for inactie exchanges were effectively vacated as of 4/21/1975. |
0 |