
Better Markets Urges CFTC to Ban Exchanges From Self-Trading
- —Better Markets seeks a full ban on exchanges trading on their own platforms
- —The CFTC has said six exchanges already conduct proprietary trading on their venues
- —The group called the line between prop trading and market making "porous" and hard to enforce
- —Better Markets also flagged risks from clearinghouses receiving capital from affiliates
Why it matters: The outcome will shape whether crypto and prediction-market exchanges can combine trading, clearing and custody under one roof.
Source: The Crypto Times
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