tZERO Unit Secures 2 U.S. Derivatives Registrations, Expanding Event-Contract Push
Updated
Updated · Markets Media · Jul 15
tZERO Unit Secures 2 U.S. Derivatives Registrations, Expanding Event-Contract Push
2 articles · Updated · Markets Media · Jul 15
Summary
tZERO Introducing Broker, LLC completed CFTC registration as an introducing broker and became an NFA member, adding two regulated approvals to the group's derivatives buildout.
The new status lets tZERO solicit and accept customer orders for CFTC-regulated derivatives, then route them to a Designated Contract Market or Futures Commission Merchant for execution and clearing.
Initially, tZERO plans to use the license to offer event contracts on its forthcoming multi-asset platform, extending its blockchain-based market infrastructure beyond tokenized securities.
The approval also advances tZERO's broader derivatives strategy after its earlier applications for Designated Contract Market and Derivatives Clearing Organization registrations.