'@DraftKings exchange (DKeX) filed two CFTC submissions today that change what it charges, both effective Nov 2: 1. Maker fee rate on Combination Contracts (multi-leg) doubles at every price. Coefficient 0.035→0.07, max $0.0175 per contract at $0.50. Taker fees unchanged. cftc.gov/IndustryOversight/I… 2. Market Maker Program ends the maker-fee waiver for pre-game trading in covered full-game NFL moneyline and spread markets. DKeX's reason: liquidity there is "well established before the start of the event." cftc.gov/IndustryOversight/I…

NEW: Another sports-focused exchange moves into federally regulated event contracts. @Sporttrade has been approved by the CFTC as a DCO. We assume their DCM will be approved soon as well. cftc.gov/IndustryOversight/I…

Based on CFTC filings posted this morning, @ProphetX has self-certified to begin offering markets on the Circa Survivor contest (and weekly Scorigami NFL outcomes).

Per NFA records, @fanduel's New Venture III LLC is now an NFA member and a registered FCM (Swap Firm approved), six months after applying on 4/9. It's FanDuel's second FCM, after FanDuel Prediction Markets, its JV with CME. nfa.futures.org/BasicNet/bas…

'@ProphetX (via Milbank) met CFTC staff on 9/29 to discuss its comments on the prediction markets NPRM, two months after comments closed. Its letter backed the proposal and asked for 4(c) class exemptions, bans on six contract types and a retail PM office. regulations.gov/comment/CFTC…

Another incentive program update: @Polymarket filed changes with the CFTC to amend its market maker program (FKA 2026 Market Maker Program), eff. ~10/15. Rebates are a % of the taker fees charged on a maker's qualifying fills, under an aggregate monthly cap. Eligible markets are limited to sports, crypto prices and politics; any new categories will require a new submission to the CFTC. A multiplier based on when a fill occurs is dropped. cftc.gov/IndustryOversight/I…

On 10/1, a new Sports Event Contract Market Maker Incentive Program was submitted by @OG_com Markets (NADEX/CDNA). The submission appeared this morning on the CFTC's website. While most of the program details are redacted, the Program is comprised of two independently assessed market maker incentives: (i) a Designated Market Maker incentives for designated sports event markets, subject to specified pre-game and live depth and uptime requirements; and (ii) Combo incentives requiring a Market Maker to achieve certain obligations on executed combo contracts in a weekly review period. Effective 10/16/2026, participants must be market makers. cftc.gov/filings/orgrules/ru…

On 9/14, Jump Trading sent its Head of Policy and Director of Policy & Govt Affairs to the CFTC to discuss the agency's rulemaking on affiliated market makers (comments closing 11:59 PM ET on 10/5). Just a few days before Citadel met with the CFTC (which was first reported by @dan_bernstein_ ). regulations.gov/comment/CFTC…

Today CFTC staff defined "Mention Markets": will a named person say a word, show up, shake a hand. DMO staff may view them as presumptively readily susceptible to manipulation under Core Principle 3 and expect a heightened showing on materiality, scrutiny, insider controls. No. 26-27 cftc.gov/csl/26-27/download