Commodity Futures Trading Commission (CFTC) has proposed
regulatory changes that would give exchanges more freedom to
institute block trading. The move comes amid growing debate
over the legitimacy and regulation of block trading (see FO
Week vol 9 no 26).
According to CFTC, the changes have been proposed to expand
allowable transactions that can be executed off a designated
contract market (DCM)'s centralised marketplace and to provide
more detailed information about accepted practices by
separating the guidance for on- and off-exchange
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