Seed CX Gains SEF Registration from CFTC
There are now 23 SEFs fully registered with the CFTC.
On its website, Seed CX says that it aims "to use derivative tools to cultivate financial security in emerging agricultural markets, with idiosyncratic production risks. Seed's focus is on providing innovative means to secure operational stability for hedgers and new trading opportunities for speculators. Seed CX operates in areas where there have been recent regulatory shifts, which present the potential to innovate in new or obscure markets."
This January Seed CX raised just under $3.5 million in its first round of funding. The firm was founded by Brian Liston and Edward Woodford, both Massachusetts Institute of Technology graduates.
Seed CX brings the total number of fully registered SEFs in the CFTC to 23.
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