Polymarket’s PM Derivatives Wins NFA Approval as US Broker
Polymarket announced on November 3, 2026 that PM Derivatives had received National Futures Association approval to operate as a futures commission merchant, or FCM, on a fully collateralized basis. The registration adds a regulated broker to the group’s US prediction-market…
Cboe Seeks Injunction Against CFTC Approval of Equity Perpetuals
Cboe Global Markets announced on November 3, 2026 that it had joined a Capital Markets Alliance legal action challenging the Commodity Futures Trading Commission’s approval of perpetual derivatives on U.S. stocks and exchange-traded funds. The action includes a request for…
MIAX Files to List Binary Options on Indexes and Company KPIs
Miami International Holdings announced on November 3, 2026 that MIAX Options had submitted two proposed rule changes to the U.S. Securities and Exchange Commission that would permit cash-settled binary options on broad-based indexes and public-company key performance indicators on one…
CFTC Chairman Says Equity Perpetual Futures Can Begin US Trading
CFTC Chairman Michael S. Selig announced on November 3, 2026 that perpetual futures contracts on individual equity securities can begin trading for the first time on designated contract markets that are also notice-registered with the Securities and Exchange Commission as…
Margin: Initial, Maintenance, Variation, and Liquidation
A first-principles guide to Margin and Liquidation, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
CME Group October ADV Rises 15% to Record 30 Million Contracts
CME Group reported on November 3, 2026, that average daily volume (ADV) reached an October record of 30 million contracts in October 2026, up 15% from October 2025, when the previous record was 26.3 million contracts. Interest rate, equity index,…
US and CFTC Sue Utah Over Gambling Enforcement on Prediction Markets
The Commodity Futures Trading Commission announced on October 27, 2026 that the United States and the agency have filed a federal lawsuit against the State of Utah and Utah Attorney General Derek Brown, seeking to block the state’s efforts to…
CFTC and NBA Sign Basketball Prediction-Market Integrity MOU
The Commodity Futures Trading Commission and the National Basketball Association announced on October 26, 2026 the signing of a Memorandum of Understanding intended to protect the integrity of professional basketball in prediction markets. Under the MOU, the CFTC and the…
Bitcoin Cash and Uniswap Futures Record First Block Trade on CME
CME Group announced on October 20, 2026, that FalconX and GSR have executed the first block trade in its new Bitcoin Cash and Uniswap futures. Trading in both contracts is now underway, the derivatives exchange operator said. The Bitcoin Cash…
Cboe Options Exchange Extends Hours for Select Stock and ETF Options
Cboe Global Markets on October 19, 2026, launched extended pre-market and post-market trading sessions for select multi-listed single-stock and exchange-traded fund options on its Cboe Options Exchange (C1), with trading in options on 24 single stocks and five ETFs beginning…
NYSE American Options Add Early and Late Trading Sessions
The New York Stock Exchange, part of Intercontinental Exchange , introduced Extended Trading Hours for options listed on NYSE American on October 19, 2026, adding trading sessions before and after the Core Trading Session for an initial group of eligible…
CME Group Plans Tungsten Futures Launch on COMEX for Early Q1 2027
CME Group will launch financially settled Tungsten futures with trading to start by early Q1 2027, pending all relevant regulatory reviews, the exchange announced on October 19, 2026. The contract will be listed by and subject to the rules of…
Implied vs. Realized Volatility: What Markets Price
A first-principles guide to Implied and Realized Volatility, including its operating chain, economics, authoritative records, failure modes, and the evidence investors or operators should verify.
ESMA Issues Updated MiFID II Transparency Guidance Covering OTC Derivatives
The European Securities and Markets Authority (ESMA), the EU regulator and supervisor, on 15 October 2026 updated its manual on pre-trade and post-trade transparency under MiFID II and MiFIR, adding guidance on the identification of over-the-counter (OTC) derivatives subject to…
CFTC Rule Excludes Casino-Style Gambling From Swap Definition
The Commodity Futures Trading Commission on Friday, October 9, 2026, published an Interim Final Rule codifying what the agency describes as its longstanding position that casino-style gambling products, including wagers placed on sportsbooks and casino games, are excluded from the…
