The application process seems to be “going well,” so far, said Zach Dexter, the CEO of FTX US Derivatives, at a separate event on Friday – the Security Traders Association market structure conference. FTX had seen the existing market as “a difficult system to deal with for retail investors” to trade crypto futures, and Dexter said the proposal is “fixing all of that.”
Source: https://www.coindesk.com/policy/2022/10/14/cftcs-behnam-calls-ftx-idea-a-potential-evolution-in-market-structure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines