CFTC gives HedgeStreet the green light
23 Feb 2004
HedgeStreet was given regulatory approval last Thursday as a contract market and registered as a derivatives clearing organisation by Commodity Futures Trading Commission (CFTC).
A privately held company based in California, HedgeStreet plans to launch during Q2. HedgeStreet officials declined to discuss products or any further plans but the exchange is believed to be developing new types of products beyond the scope traditional financial derivatives. Contracts could be...
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