CFTC Amends Brexit No-Action Positions for UK Trading Facilities
Summary
The CFTC's Division of Market Oversight is amending no-action positions related to Brexit. This amendment adds OptAxe Limited and Capitolis UK Limited to the list of eligible UK trading facilities covered by CFTC Staff Letter 24-11.
What changed
The Commodity Futures Trading Commission (CFTC) has amended its Brexit-related no-action positions. Specifically, the Division of Market Oversight (DMO) has updated Appendix A of CFTC Staff Letter 24-11 to include OptAxe Limited and Capitolis UK Limited as eligible UK trading facilities. This action extends previously established no-action relief in connection with the United Kingdom's withdrawal from the European Union.
This amendment is a minor update to existing guidance. Regulated entities that rely on these no-action positions should note the inclusion of these two additional UK trading facilities. No immediate compliance actions are required for entities not directly involved with these specific facilities, as this is an extension of existing relief rather than a new obligation.
Source document (simplified)
Release Number 9202-26
CFTC Staff Amends Brexit-Related No-Action Positions for Additional UK Trading Facilities
March 24, 2026
WASHINGTON — The Commodity Futures Trading Commission’s Division of Market Oversight announced today it is amending no-action positions in connection with the withdrawal of the United Kingdom from the European Union, known as Brexit.
Specifically, DMO is amending Appendix A to CFTC Staff Letter 24-11 to include OptAxe Limited and Capitolis UK Limited as additional eligible U.K. trading facilities covered by the no-action positions in that staff letter.
-CFTC-
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