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 UNITED STATES OF AMERICA

Before the

COMMODITY FUTURES TRADING COMMISSION

__________________________________________________

In the Matter of the Application of FEX Global Pty Ltd

for Registration pursuant to Section 4(b)(1) of the Commodity

Exchange Act and Part 48 of the Regulations of the

Commodity Futures Trading Commission in order to permit 

direct access to its order entry and trade matching system

__________________________________________________

ORDER OF REGISTRATION

Pursuant to Section 4(b)(1) of the Commodity Exchange Act (the Act), 7 U.S.C. 

§ 6(b)(1), and Part 48 of the Commission’s regulations, FEX Global Pty Ltd (FGL), a derivatives

exchange licensed to operate markets in energy, commodity and environmental derivative 

products and supervised by the Australian Securities and Investments Commission and subject 

to the Reserve Bank of Australia oversight of financial system stability, submitted an application 

dated August 5, 2021, and supplemental submissions filed through December 16, 2021

(Application), requesting registration in order to permit identified members and other 

participants located in the United States to enter trades directly into its order entry and trade 

matching system.

The Commission has reviewed the Application along with the exhibits, supplemental 

documents, and other supporting information and representations, and finds that FGL has 

demonstrated its ability to comply with the requirements of the Act and applicable Commission 

regulations thereunder, including the requirements for registration as set forth in Part 48 of the 

Commission’s regulations.
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In light of the foregoing, IT IS ORDERED, pursuant to Section 4(b)(1) of the Act, 7 

U.S.C. § 6(b)(1), that FGL is granted an Order of Registration to permit direct access, as that 

term is defined in Section 4(b)(1)(A) of the Act, subject to the terms and conditions specified 

herein:

(1) Compliance with the Act and Commission Regulations. FGL shall comply, and 

shall demonstrate compliance as requested by the Commission, with all sections of the Act and 

the Commission’s regulations thereunder applicable to FGL as a foreign board of trade registered 

pursuant to Part 48 of the Commission’s regulations, as may be amended or adopted from time to 

time. FGL shall comply with the applicable conditions of registration specified in Commission 

regulation 48.8 and any additional conditions that the Commission deems necessary and may

impose, in its discretion, after appropriate notice and opportunity to respond. FGL shall fulfill 

each of the representations it has made in support of the Application for registration.

(2) New Regulations. Should the Commission promulgate a regulation addressing or 

otherwise affecting any aspect of this Order, then such regulation will apply and supersede the 

applicable terms in this Order. 

(3) Reservation of Rights. This Order is based upon the representations made and 

supporting material provided to the Commission by FGL as part of the Application. In the event 

of any changes to or omissions in the material facts or circumstances pursuant to which this 

Order is issued, or any material changes in the applicable regulatory regimes, including 

developments relating to international comity, or for any reason in its own discretion and after 

appropriate notice and opportunity to respond, the Commission may condition, modify, suspend, 

terminate, or otherwise restrict the terms of this Order, as appropriate and as permitted by law, 

on its own motion.

Issued in Washington, D.C. this 30th day of March, 2022.
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By the Commission

_____________________

Robert N. Sidman 

Deputy Secretary of the Commission