Designated contract market - Revision history

imported>Doug Williamson: Classify page.

2022-06-29T20:08:28Z

Classify page.

← Older revision		Revision as of 20:08, 29 June 2022
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	Designated contract market (DCMs) are defined in Section 5 of the Commodity Exchange Act (CEA), as "boards of trade (or exchanges) that operate under the regulatory oversight of the Commodity Futures Trading Commission (CFTC)". DCMs are most like traditional futures exchanges, which may allow access to their facilities by all types of traders, including retail customers. They may list for trading futures or option contracts based on any underlying commodity, index or instrument.		Designated contract market (DCMs) are defined in Section 5 of the Commodity Exchange Act (CEA), as "boards of trade (or exchanges) that operate under the regulatory oversight of the Commodity Futures Trading Commission (CFTC)". DCMs are most like traditional futures exchanges, which may allow access to their facilities by all types of traders, including retail customers. They may list for trading futures or option contracts based on any underlying commodity, index or instrument.


	Under the [[Dodd-Frank]] legislation, DCMs are one of two types of "exchange" on which [[mandatory cleared swaps]] may be traded. The other type of exchange is a [[swap execution facility]] (SEF). The intention of the legislation is to move what were bilateral derivative contracts on to the two types of exchange that enable participants to execute or to trade swaps with other market participants - so called "many to many" functionality.		Under the [[Dodd-Frank]] legislation, DCMs are one of two types of "exchange" on which [[mandatory cleared swaps]] may be traded. The other type of exchange is a [[swap execution facility]] (SEF). The intention of the legislation is to move what were bilateral derivative contracts on to the two types of exchange that enable participants to execute or to trade swaps with other market participants - so called "many to many" functionality.


	Unlike SEFs, DCMs may trade with persons/legal entities with a net worth of less than USD 10m.		Unlike SEFs, DCMs may trade with persons/legal entities with a net worth of less than USD 10m.

			[[Category:Financial_products_and_markets]]

imported>Doug Williamson: Added Commodity Futures Trading Commission.before acronym and removed space between 10 m.

2015-01-09T12:53:54Z

Added Commodity Futures Trading Commission.before acronym and removed space between 10 m.

← Older revision		Revision as of 12:53, 9 January 2015
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	US		(''US'').

	~~Designated contract market (DCMs) are defined in Section 5 of the Commodity Exchange Act (CEA), as "boards of trade (or exchanges~~) that operate under the regulatory oversight of the CFTC". DCMs are most like traditional futures exchanges, which may allow access to their facilities by all types of traders, including retail customers. They may list for trading futures or option contracts based on any underlying commodity, index or instrument.

			Designated contract market (DCMs) are defined in Section 5 of the Commodity Exchange Act (CEA), as "boards of trade (or exchanges) that operate under the regulatory oversight of the Commodity Futures Trading Commission (CFTC)". DCMs are most like traditional futures exchanges, which may allow access to their facilities by all types of traders, including retail customers. They may list for trading futures or option contracts based on any underlying commodity, index or instrument.

	Under the [[Dodd-Frank]] legislation, DCMs are one of two types of "exchange" on which [[mandatory cleared swaps]] may be traded. The other type of exchange is a [[swap execution facility]] (SEF). The intention of the legislation is to move what were bilateral derivative contracts on to the two types of exchange that enable participants to execute or to trade swaps with other market participants - so called "many to many" functionality.		Under the [[Dodd-Frank]] legislation, DCMs are one of two types of "exchange" on which [[mandatory cleared swaps]] may be traded. The other type of exchange is a [[swap execution facility]] (SEF). The intention of the legislation is to move what were bilateral derivative contracts on to the two types of exchange that enable participants to execute or to trade swaps with other market participants - so called "many to many" functionality.

	Unlike SEFs, DCMs may trade with persons/legal entities with a net worth of less than USD ~~10 m~~.		Unlike SEFs, DCMs may trade with persons/legal entities with a net worth of less than USD 10m.

imported>John Grout: To create the entry

2014-09-09T15:19:45Z

To create the entry

New page

US

Designated contract market (DCMs) are defined in Section 5 of the Commodity Exchange Act (CEA), as "boards of trade (or exchanges) that operate under the regulatory oversight of the CFTC". DCMs are most like traditional futures exchanges, which may allow access to their facilities by all types of traders, including retail customers. They may list for trading futures or option contracts based on any underlying commodity, index or instrument.

Under the [[Dodd-Frank]] legislation, DCMs are one of two types of "exchange" on which [[mandatory cleared swaps]] may be traded. The other type of exchange is a [[swap execution facility]] (SEF). The intention of the legislation is to move what were bilateral derivative contracts on to the two types of exchange that enable participants to execute or to trade swaps with other market participants - so called "many to many" functionality.

Unlike SEFs, DCMs may trade with persons/legal entities with a net worth of less than USD 10 m.