CFTC registration

Just curious. Why did Collective2 register as CTA’s with the NFA/CFTC if you are acting as publishers and not providing specific advice?

Short answer: because we do business with FCMs and IBs (brokers), and because NFA regulations effectively bar those companies from doing business with non-NFA members.



So, while the category of “CTA” isn’t the most perfect way to describe what C2 really does (I wish there was an NFA registration category called “trading-system software platform”), it’s the category that is closest to what we actually do.



Matthew

Is that because of your auto-trading API’s? (sending a buy - sell signal to a broker requires registration?)