Federal Regulatory
CFTC Amends Brexit No-Action Positions for UK Trading Facilities
March 25, 2026
The Commodity Futures Trading Commission (CFTC) has expanded its Brexit-related no-action relief by including two additional UK trading facilities, OptAxe Limited and Capitolis UK Limited, under Staff Letter 24-11. This amendment, effective as of March 2026, provides these entities with continued regulatory clarity and operational certainty in the post-Brexit environment, allowing them to maintain certain trading activities without immediate compliance burdens under U.S. regulations.
- Why this matters: Procurement professionals and contractors working with UK-based trading platforms or cross-border financial services should note the extended regulatory relief, which may affect contract terms and compliance requirements.
- The inclusion of OptAxe Limited and Capitolis UK Limited signals CFTC's ongoing efforts to facilitate smooth transatlantic financial operations post-Brexit.
- Organizations engaged in derivatives trading or financial technology services can leverage this clarity to plan engagements and compliance strategies involving UK trading facilities.
- This amendment reduces immediate regulatory risk for these UK entities, potentially impacting vendor selection and contract negotiations involving cross-border trading platforms.
Agencies
Commodity Futures Trading Commission
Vendors
OptAxe Limited, Capitolis UK Limited