In 2010, CX Futures Exchange, L.P. (“CX”) received approval from the Commodity Futures Trading Commission (“CFTC”) to become a Designated Contract Market (DCM) and its sister company CX Clearinghouse, L.P. (“CX Clearinghouse”) received approval to become a registered Derivatives Clearing Organization (DCO).
In 2013, the CFTC approved an amendment to the registration order of CX Clearinghouse, permitting CX Clearinghouse to clear (1) foreign exchange spot index binary flex options contracts (FXSI Contracts) financially settled based on foreign currency pairs of major money center currencies and (2) additional binary options contracts that are fully-margined, have risk profiles similar to the FXSI Contracts, and for which there is an underlying commodity.
To become a CX trader you must complete the registration process. For more information, please contact us.