The Commodity Futures Trading Commission and the Financial Services Agency of Japan (JFSA) have issued a joint statement on the comparability of certain derivatives trading venues in the United States and Japan.

More specifically, the CFTC has issued an order that exempts electronic trading platforms (ETP) authorized by the JFSA from the requirement to register as a swap execution facility. Likewise, the JFSA has announced that it will facilitate the authorization process of foreign ETP operators for CFTC-registered derivatives platforms.

More information is available here.