On June 16, 2026, Rush Street Interactive submitted applications to the CFTC for a Designated Contract Market license and a Derivatives Clearing Organization registration. The filings establish the company’s operational framework for launching event-based trading within the United States.
The applications were filed under Eventive IV LLC, an affiliate of the gaming operator. According to the CFTC documents, Eventive IV will initially clear transactions for Eventive III, LLC. The clearinghouse will process only trades executed on the approved exchange, with operations scheduled to begin once both licenses are granted.
The applicant also requested that the DCO registration remain independent of the exchange’s clearing requirements.
Regulatory Framework and Market Access
The DCM designation originates from the Commodities Exchange Act of 1936 and functions similarly to traditional futures exchanges. It permits retail traders to access trading facilities and allows the listing of futures or option contracts tied to various underlying instruments. The DCO license enables the entity to manage multilateral settlement, net obligations, and transfer credit risk among market participants. Both permits are required for legal operation within the United States derivatives landscape.Rush Street Interactive previously described event-based contracts as a "distraction" from its core online casino operations. The current licensing applications indicate a shift in strategic focus toward regulated prediction markets.