Designated Contract Market

This Issue in United States

Concept of Designated Contract Market (DCM) in Futures Trading

In this context of financial law, the following is a definition of Designated Contract Market (DCM): A board of trade or exchange designated by the CFTC to trade futures, swaps, and/or options under the CEA. A contract market can allow both institutional and retail participants and can list for trading contracts on any commodity, provided that each contract is not readily susceptible to manipulation.