River Markets Affiliate Registered as CFTC Futures Commission Merchant

By: www.theblock.co|11/09/2026 15:07:27

The prediction market brokerage River Markets' affiliate, River Finance LLC, has registered as a Futures Commission Merchant (FCM) with the U.S. Commodity Futures Trading Commission (CFTC) and has joined the National Futures Association (NFA), allowing it to open client accounts and hold client funds. River Markets is building a prime brokerage platform for prediction markets, supporting institutional traders in managing funds, positions, and risks across multiple exchanges and clearinghouses through a single account, with plans to support financing arrangements and compliant over-the-counter trading. River Markets was founded in May 2026, with clients including hedge funds, sports funds, and proprietary trading firms, and has completed $8.5 million in seed funding.

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