SEF
01

Regulatory Readiness Statement:
CFTC SEF Registration

v1.0.0
April 10, 2026

Registration Status & Framework

OMeT (OM-eTrading LLC) is moving through the final stages of the Swap Execution Facility (SEF) registration process with the Commodity Futures Trading Commission (CFTC).

  • Regulatory Alignment: The platform is purpose-built to meet the original intent of the Dodd-Frank Act, specifically targeting the Part 37 execution requirements for mandatorily cleared swaps.

Architecture Standard: Our technology stack (GMEX) has been successfully audited for SEF-grade operational resilience and market surveillance.

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Implementation Timeline (2026 Roadmap)

OMeT utilizes a "Digital Twin" Parallel Processing strategy to eliminate operational "dead time" during the licensure window.

Phase

Milestone

Operational Status

Q1-Q2 2026

Sandboxed "Digital Twin" Environment

Active. Onboarding first 50 participants for non-custodial UAT using zero-value test credits.

Q3 2026

Final Rulebook Submission

In-Progress. Finalizing rules-based Central Limit Order Book (CLOB) and RFM protocol definitions.

Q4 2026

Full SEF Registration (Anticipated)

Target. Transitioning from "Simulated" to "Live" execution status via a single administrative switch.

Structural Compliance Proofs

OMeT does not rely on "Good Judgment" under pressure; we rely on enforced system constraints:

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  • The Waterfall Blotter: An immutable, persisted record of every keystroke and system state change, serving as our definitive System of Record (SoR) for regulatory reporting.
  • Void Ab Initio Protection: Hard credit checks via OSTTRA LimitHub occur in <10ms before a trade matches, ensuring every executed trade is guaranteed to clear.
  • Anonymity Boundaries: Pre-trade anonymity protects intent, while post-trade data remains fully transparent and auditable by regulators.

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Regional Readiness (MEXICO TIIE Transition)

OMeT is actively engaged with the Central Bank (Banxico) and CNBV to bridge the structural gap in the Mexican TIIE swaps market.

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  • F-TIIE Transition: The platform is natively engineered to support the new F-TIIE benchmark, ensuring institutional continuity for LATAM derivatives desks.

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