River Markets Affiliate Registers as FCM as Broker Builds Institutional Platform

River Finance LLC, an affiliate of prediction-market broker River Markets, has registered with the U.S. Commodity Futures Trading Commission (CFTC) as a futures commission merchant (FCM) and joined the National Futures Association (NFA), according to a November 9, 2026 PANews report citing The Block.

The registration allows the affiliate to hold customer accounts and handle customer funds. River Finance LLC is the registered entity; River Markets is building the prediction-market prime brokerage platform.

The planned platform would let institutional traders manage funds, positions and risk across multiple exchanges and clearinghouses through a single account. River Markets also plans to support financing arrangements and compliant over-the-counter trading. These services were described as plans, not as already available offerings.

Founded in May 2026, River Markets has completed an $8.5 million seed funding round and routed more than 250 million contracts, according to the report.

Original publication: November 9, 2026, at 23:12:41 (UTC+8). Read the original PANews article.