CME Approved to Operate Futures Commission Merchants
2024-10-30 00:50:24
On October 30th, derivatives market CME Group Inc. announced that it has obtained approval from the National Futures Association (NFA) to establish a futures commission broker (FCM). However, some analysts believe that this will lead to a conflict of interest in monthly supervision and undermine the system of checks and balances in the entire futures industry.
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