BTC $65,178.77 +0.17%
ETH $1,922.79 +0.04%
BNB $608.62 +0.56%
XRP $1.04 -0.25%
SOL $77.25 +1.23%
TRX $0.3297 +0.32%
DOGE $0.0706 -0.70%
ADA $0.1983 -0.74%
BCH $217.35 +0.06%
LINK $8.34 +0.01%
HYPE $54.92 -0.15%
AAVE $91.52 -0.01%
SUI $0.7025 +0.78%
XLM $0.1632 -1.34%
ZEC $517.73 +2.28%
BTC $65,178.77 +0.17%
ETH $1,922.79 +0.04%
BNB $608.62 +0.56%
XRP $1.04 -0.25%
SOL $77.25 +1.23%
TRX $0.3297 +0.32%
DOGE $0.0706 -0.70%
ADA $0.1983 -0.74%
BCH $217.35 +0.06%
LINK $8.34 +0.01%
HYPE $54.92 -0.15%
AAVE $91.52 -0.01%
SUI $0.7025 +0.78%
XLM $0.1632 -1.34%
ZEC $517.73 +2.28%

rac

All
Article
Flash

The CFTC warns that event contract markets have an obligation to display clear and accurate derivative pricing information

The U.S. Commodity Futures Trading Commission (CFTC) issued a notice reminding regulated entities involved in the listing, promotion, or acceptance of event contracts to ensure that consumers are provided with clear and accurate product pricing information, avoiding misleading market participants, including the obligation to display clear and accurate derivative pricing information.The CFTC's Market Oversight and Market Participants divisions stated that registered entities and relevant personnel must comply with regulatory requirements, ensuring that users fully understand the product attributes in the CFTC-regulated market, and strengthen the supervision of information disclosure by intermediaries, related parties, and partners. It was also specifically pointed out that displaying event contract prices using the common "American odds format" may mislead traders' understanding of the product nature and prevent users from fully obtaining key trading information such as market depth and price impact.The CFTC requires that market participants clearly show consumers that the products are event contracts on CFTC-regulated exchanges, and any misleading pricing display behavior related to regulated products may violate relevant provisions of U.S. federal law regarding the prohibition of manipulative trading practices.

Gate DexBuilder launches its first event contract Builder, offering up to $3 million in support to Builders worldwide

According to the official announcement, Gate's DEX infrastructure platform Gate DexBuilder has officially launched its first event contract Builder and initiated a $3 million funding program, open for global project parties, developers, communities, and Web3 applications to collaborate, promoting the ecological construction of the event contract market.The event contract Builder is dedicated to lowering the development threshold for market products, providing partners with integrated infrastructure services covering market creation, trading, liquidity support, settlement, and operational management. Through infrastructure services such as APIs and SDKs, partners can quickly deploy branded event contract products without building the underlying trading and settlement systems from scratch.Currently, the program is open for applications from brokers and comprehensive trading platforms, crypto wallets, Web3 applications, media information platforms, AI Trading, AI Agents, quantitative trading platforms, as well as sports, esports, and entertainment products. Selected projects can receive up to $3 million in funding and ecological resource support, covering product research and development, technical integration, liquidity building, market promotion, and user growth.Jason Fung, the project leader of Gate DexBuilder and Head of Global Partnerships, stated that the development of the event contract market requires more application scenarios and infrastructure support. Gate DexBuilder hopes to lower the construction threshold through the event contract Builder, helping more partners explore innovative applications in the event contract market. In the future, Gate DexBuilder will continue to open up the infrastructure capabilities of the event contract market, working with global Builders to explore more innovative application scenarios and promote further development of the market ecosystem.
app_icon
ChainCatcher Building the Web3 world with innovations.