Supplementing their existing No Action Letter on the subject, the US CFTC has granted formal registrations to two Canadian Boards of Trade that will alllow direct acess to Candaian futures products.
The U.S. Commodity Futures Trading Commission (Commission)...has issued Orders of Registration to ICE Futures Canada, Inc. (ICEFC), a Foreign Board of Trade located in Winnipeg, Manitoba, Canada, and Montréal Exchange Inc. (MX), a Foreign Board of Trade located in Montréal, Québec, Canada. Under their respective Orders, ICEFC and MX are permitted to provide their identified members or other participants located in the U.S. with direct access to their electronic order entry and trade matching system. ICEFC will offer direct access for futures and options contracts on milling wheat, canola, durum wheat, and barley. MX will offer direct access for futures contracts on interest rates (30-day Canadian bankers’ acceptances, Canadian overnight repo rate average (CORRA), and Government of Canada bonds) and certain broad-based security indices; as well as options on futures contracts based on CORRA and ten-year Government of Canada bonds.