18th March, 2026

The Commodity Futures Trading Commission’s (CFTC’s) market participants division has issued a no-action position to Phantom Technologies allowing the firm to offer software facilitating access to regulated derivatives markets without registering as an introducing broker.
Go beyond this article with 1 month’s free, no obligation access to FOW Intelligence — bringing you expert insights and analysis backed by our comprehensive volumes database. Everything you need to stay informed and make smarter decisions.
