CHICAGO, Feb. 27,
2023 /PRNewswire/ -- Cboe Digital is pleased to
announce it has joined the Derivatives Market Institute for
Standards, Inc. (DMIST) as an Ambassador. Supported by the Futures
Industry Association (FIA), DMIST is an industry-governed standards
body focused on improving the efficiency, resiliency,
competitiveness and innovativeness of the exchange-traded and
cleared derivatives markets. Standards published by DMIST aim to
improve the efficiency and resilience of the clearing
ecosystem.
As a DMIST Ambassador, Cboe Digital's team of subject matter
experts will participate in working groups for developing and
vetting proposed industry standards. DMIST provides a
consensus and collaboration framework for defining, adopting,
housing and overseeing common behaviors, workflows and processes in
the trade and clearing lifecycle for the benefit of all
participants in the exchange traded and clearing
ecosystem.
"As a crypto native exchange built within the
guidelines of the U.S. regulatory framework, we sit in a unique
position to support the development of standards for traditional
and alternative asset classes," said John
Palmer, President of Cboe Digital. "We look forward to
working with our fellow DMIST colleagues to define industry best
practices to improve trading and clearing processes and promote
transparent and efficient markets."
"Cboe Digital's innovative approach to clearing of digital
assets is a welcome addition to the Sponsors and Ambassadors of the
DMIST initiative," said Don Byron,
Senior Vice President at FIA.
About Cboe Global Markets,
Inc.
Cboe Global Markets (Cboe: CBOE), a leading provider of market
infrastructure and tradable products, delivers cutting-edge
trading, clearing and investment solutions to market participants
around the world. The company is committed to operating a trusted,
inclusive global marketplace, providing leading products,
technology and data solutions that enable participants to define a
sustainable financial future. Cboe provides trading solutions and
products in multiple asset classes, including equities,
derivatives, FX, and digital assets, across North America, Europe and Asia
Pacific. To learn more, visit www.cboe.com.
About Cboe Digital
Cboe Digital offers individuals and institutions a single,
innovative platform to access crypto spot and futures
markets. By combining professional tools, advanced technology,
sophisticated regulatory oversight, and a diverse product set, Cboe
Digital offers compliant, capital markets friendly workflows to
digital market participants. Backed by some of the world's largest
trading firms and financial institutions, Cboe Digital brings
transparency and reliability to the digital asset class.
Cboe Digital Futures are offered through Cboe Digital Exchange,
LLC, a CFTC registered DCM and Cboe Clear Digital, LLC, a CFTC
registered DCO. The CFTC does not have regulatory oversight
authority over virtual currency products including spot market
trading of virtual currencies. Cboe Digital's Spot Market is not
licensed, approved or registered with the CFTC and transactions on
the Cboe Digital Spot Market are not subject to CFTC rules,
regulations or regulatory oversight. Cboe Digital Spot Market is
subject to certain state licensing requirements and operates in NY
pursuant to Cboe Clear Digital's license to engage in virtual
currency business activity by the New
York State Department of Financial Services. Cboe Digital
and the Cboe Digital logo are trademarks of the Cboe Global Markets
Group of companies. To learn more, visit www.cboedigital.com.
Cboe Media
Contacts
|
|
Cboe Analyst
Contact
|
Angela Tu
|
Jessica
Darmoni
|
Kenneth Hill,
CFA
|
+1-646-856-8734
|
+1-312-756-8716
|
+1-312-786-7559
|
atu@cboe.com
|
jdarmoni@cboe.com
|
khill@cboe.com
|
CBOE-C
CBOE-OE
Cboe® and Cboe Global Markets® are
registered trademarks and Cboe DigitalTM and Cboe
ClearTM are service marks of Cboe Global Markets,
Inc. and its subsidiaries. All other trademarks and
service marks are the property of their respective owners.
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SOURCE Cboe Global Markets, Inc.