For Release: May 28, 2009
Washington, DC – The Commodity Futures Trading Commission (CFTC) approved the application of ELX Futures, L.P. (ELX) for designation as a contract market on May 22, 2009. ELX is a Delaware limited partnership and is owned directly by individual members of ELX Futures Holdings, LLC, (Holdings), a limited liability company and the sole general partner of ELX. Equity interest in ELX is also owned indirectly by the members through Holdings, in the form of a general partnership interest.
ELX will initially list for trading U.S. Treasury futures.
ELX will utilize the eSpeed electronic trading platform. Clearing services for ELX will be provided by the Options Clearing Corporation. Regulatory services for ELX will be provided by the National Futures Association.
R. David Gary
Last Updated: May 28, 2009