Release Number 8484-22
CFTC Grants Inet's Request to Vacate DCM Designation
January 27, 2022
Washington, D.C. — The Commodity Futures Trading Commission announced today that it issued an order vacating the designated contract market (DCM) designation of Inet Futures Exchange, LLC. The order was issued at the request of Inet Futures Exchange.
The CFTC granted Inet designation as a DCM on February 19, 2002. Inet never initiated or commenced any trading on its platform. The Commodity Exchange Act and CFTC regulations state that a DCM may request that its designation be vacated by filing a request with the CFTC at least 90 days prior to the requested date of vacation. Per Inet’s request, the order vacates Inet’s designation effective February 16, 2022.
With the vacation of Inet’s designation as a DCM there are 16 DCMs registered with the CFTC.