08/29/2024 | Press release | Distributed by Public on 08/29/2024 12:42
August 29, 2024
Washington, D.C.- The Commodity Futures Trading Commission announced today it has issued Kalshi Klear LLC (Kalshi) an Order of Registration as a derivatives clearing organization (DCO) under the Commodity Exchange Act (CEA).
The CFTC determined Kalshi demonstrated its ability to comply with the CEA provisions and CFTC regulations applicable to DCOs. The terms and conditions of the DCO order requires, among other things, that Kalshi will comply with all provisions of the CEA and the CFTC's regulations applicable to DCOs.
Kalshi's affiliate, KalshiEx LLC, is registered with the CFTC as a designated contract market.
With the addition of Kalshi, there will be 18 DCOs registered with the CFTC.
-CFTC-