The Commodity Futures Trading Commission’s Division of Market Oversight today announced it has issued a no-action letter to Kraken Derivatives Exchange Inc., formerly Small Exchange Inc., a designated contract market, which addresses certain procedures related to dormancy.
The no-action position is time-limited and subject to the terms and conditions in the division’s no-action letter.
This position is in response to a request from Kraken Derivatives Exchange Inc. to extend the no-action position granted to KDE in CFTC Letter No. 25-46.
