GERMANY: EEX Recognised as a Foreign Exchange in the US

Tuesday November 12 2019

On 11^th November 2019, the European Energy Exchange (EEX) announced that it was granted Foreign Board of Trade (FBOT) status by the United States Commodity Futures Trading Commission (CFTC) on 5^th November 2019.

This regulatory status confirms that EEX can directly admit US trading participants for trading on the exchange. Before receiving the FBOT status EEX has been operating under a “no-action letter” of CFTC since 2004. With the FBOT registration, EEX is now fully recognised as a foreign exchange in the United States.

This recognition is an important step in EEX Group’s global growth strategy as it enables to connect participants from the US in the long-term and expand their global network of trading participants and brokers.

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