On March 10, the Commodity Futures Trading Commission (CFTC) announced that it had issued an Order of Designation approving the application of the Small Exchange, Inc. (Small Exchange) for designation as a contract market (DCM). As required under Section 5 of the Commodity Exchange Act (CEA) and CFTC Regulation 38.3(a), the CFTC issued the order after finding that the Small Exchange had demonstrated its ability to comply with the provisions of the CEA and CFTC Regulations applicable to DCMs.

The CFTC press release is available here.

A full copy of the Order of Designation is available here.