Fliff

Philadelphia – November 02, 2026 -- The U.S. Commodity Futures Trading Commission (CFTC) has registered Sporttrade as both a Designated Contract Market (DCM) and a Derivatives Clearing Organization (DCO), allowing the Philadelphia-based platform to run a regulated sports event contract exchange and its own clearing house.

Dual registration opens the exchange to intermediated flow

Sporttrade says the status lets it support intermediated activity through Futures Commission Merchants (FCMs). It will also serve direct access participants, Introducing Brokers (IBs) and Independent Software Vendors (ISVs). Through its DCO, it can clear for other DCMs. The company contrasts this with many recent registrations, which it says do not offer the same scope.