On May 26, the Commodity Futures Trading Commission granted full registered status to GTX SEF, LLC (GTX) of Bedminster N.J., TeraExchange, LLC (Tera) of Summit, N.J. and FTSEF LLC (FT) of Great Neck, N.Y. as swap execution facilities (SEFs). Previously, each operated under temporary registration status.

GTX is a Delaware limited liability company specializing in the trading of FX non-deliverable forwards and is an indirect wholly owned subsidiary of Gain Capital Holdings, Inc., a publicly traded company. FT is a New York limited liability company specializing in the trading of FX non-deliverable forwards and is a wholly owned subsidiary of FlexTrade Systems Inc., a private New York corporation. Tera is a Delaware limited liability company specializing in Bitcoin derivatives and is a wholly owned subsidiary of Tera Group, Inc.

Including GTX, Tera and FT, there are currently 21 SEFs fully registered with the CFTC.

The CFTC press release is available here.