Polymarket subsidiary PM Derivatives Receives NFA Futures Commission Merchant Approval

on November 4, according to an announcement by Polymarket, its subsidiary PM Derivatives has received approval from the US National Futures Association (NFA) to become a futures commission merchant (FCM), and will operate on a fully collateralized basis.

Polymarket stated that all positions will be fully funded at the time of trading, and any future margin trading would require additional regulatory approval. The company said PM Derivatives will add an intermediary layer to its direct exchange model and will continue to partner with existing futures commission merchants and brokerage partners.