By CFTC Letter No. 26-10, issued by the Division of Market Oversight on 24 March 2026 at the request of HM Treasury and the FCA, OptAxe Limited was added to Appendix A of CFTC Staff Letter 24-11, the list of UK-authorised trading facilities covered by the DMO no-action positions. The amendment took effect immediately upon issuance.
Under the no-action positions, the Division will not recommend enforcement action against OptAxe for not registering as a swap execution facility, or against counterparties subject to the trade execution requirement that execute in-scope swaps on the venue. Reporting, swap trading eligibility and clearing requirements under the Commodity Exchange Act and CFTC regulations continue to apply.
US persons should confirm the scope of the relief with their compliance function before onboarding.