In the Matter of the Intercontinental Exchange, Inc. Petition for Expansion of the Definition of Eligible Commercial Entities Under Section 1a(11)(C) of the Commodity Exchange Act

Özet

The Commodity Futures Trading Commission ("Commission") is requesting comment regarding an Intercontinental Exchange, Inc. ("Intercontinental") petition requesting that the category of eligible commercial entity ("ECE") be expanded to include floor and electronic broker firms that are members of the International Petroleum Exchange ("IPE") located in the U.K. and that are authorized and regulated by the U.K. Financial Services Authority ("FSA"), and local traders that are members of IPE located in the U.K. who are outside the scope of FSA regulation but who are registered with IPE. In addition, the Commission asks for comments with respect to whether any response to the petitions should be tailored specifically to Intercontinental and to the narrow circumstances presented in the petitions or whether a response should be more broadly based and, thus, also applicable to other trading facilities. The Commission invites public comment, moreover, or Intercontinental's request for relief not only for those IPE members that trade on the floor as well as the IPE electronic platform, but also for those IPE members that trade only on IPE's electronic platform. Finally, the Commission seeks g