A New York City-based company settled CFTC charges for offering off-exchange, event-based binary options contracts and for failing to obtain designation as a designated contract market or registration as a swap execution facility.
Cboe Europe B.V. notified the SEC Division of Trading and Markets that it intends to rely on the class no-action relief issued in July 2013 to engage in familiarization activities as to "Eligible Options" traded on its exchange with "Eligible Broker-Dealers / Eligible Institutions" in the United States.
The CFTC Division of Data, Division of Market Oversight and Division of Clearing and Risk granted conditional no-action relief from certain swap reporting and recordkeeping requirements for fully collateralized binary options transactions executed by KalshiEX LLC, a designated contract market, and cleared by LedgerX, LLC, a derivatives clearing organization.
A broker-dealer settled NYSE Arca, Inc. charges for executing options orders that contained inaccurate origin codes.
The SEC issued a waiver to make a CBOE Exchange, Inc. proposal that facilitates electronic options trading on the exchange effective immediately.