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CFTC Approves Water Street Labs Designation But Little is Known About Emerging Platform

Summary by DeFi Rate
Water Street Labs, LLC received designated contract market status from the Commodity Futures Trading Commission on Thursday, clearing the way for a new CFTC-regulated event contracts exchange in the US. The exchange will operate on a proprietary trading platform called the WSL Direct System. Water Street is connected to BGC Group, the global brokerage and financial technology company. Waterstreetlabs.com redirects to CX Markets, and Water Street…
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DeFi Rate broke the news on Friday, July 17, 2026.
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