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Polymarket unit PM Derivatives wins National Futures Association approval to operate as a futures commission merchant, InforMarket reports
- Polymarket unit PM Derivatives wins National Futures Association approval to operate as a futures commission merchant, InforMarket reports — InforMarket reports the National Futures Association has approved Polymarket affiliate PM Derivatives LLC to operate as a futures commission merchant, though CFTC approval is still needed for it to run as an FCM broker. With QCX LLC already operating as Polymarket US, a CFTC-regulated designated contract market, the approval gives Polymarket the intermediary piece of its regulated United States derivatives infrastructure while it keeps working with existing FCM and brokerage partners. (InforMarket)
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