What is DCM?
Designated Contract Market: a CFTC-registered exchange authorized to list and trade contracts for U.S. participants under federal rules.

designated exchange · gate open
In real work
DCM status is why the onshore venue can offer event contracts to retail under CFTC oversight.
In the illustration
The seal plate is fitted and the gate opens to retail traders.
Check in your market app whether the exchange is a registered DCM, and what that means for how my contracts are held.
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