CFTC Approves Rothera's First KPI Swaps on Public Companies
- —First approved contract is a swap on Tesla's (TSLA) KPI
- —Three categories: financial reporting, platform usage, production metrics
- —Rollout begins this fall, timed to quarterly reporting dates
- —Rothera is a Robinhood and Susquehanna joint venture regulated by the CFTC
Why it matters: The approval opens a new derivatives class on corporate metrics and widens the US event-contract market.
Source: PR Newswire Blockchain