SAN FRANCISCO: River Markets today announced that its affiliate, River Finance LLC, has registered with the Commodity Futures Trading Commission (CFTC) as a futures commission merchant (FCM) and become a member of the National Futures Association (NFA).
Trading across prediction-market exchanges often means funding and managing separate accounts, each with its own collateral and settlement process. When opportunity or risk shifts to another exchange, a desk’s capital may be locked up in the wrong place.
FCM registration gives River Markets the regulated brokerage foundation to carry customer accounts and compliantly handle customer funds. Alongside its existing execution and risk technology, River Markets is building 24/7 rails around a common pool of capital across every exchange and clearinghouse.
The goal is to give institutional desks one place to find liquidity, deploy capital, and view their positions and exposure, rather than manage separate exchange connections, trading systems, and brokerage relationships.
If an event moves the market on a Saturday night, a desk would be able to assess its exposure and available capital, then adjust its trades across exchanges without waiting for Monday’s bank open.
As it builds out its FCM brokerage, the company will work with external capital providers on financing vehicles for eligible client market-making and hedging activity. It also plans to support permitted OTC trading.
“Our conversations with the institutions entering this market give us a unique view of what they need,” said Oscar Levy, Co-Founder and CEO of River Markets. “Access to event contracts isn’t enough. They need to use capital efficiently and manage risk around the clock, across exchanges. That’s the brokerage model we’re building.”
About River Markets
River Markets is building the prime brokerage for prediction markets. It serves hedge funds, sports funds, proprietary trading firms, and event-risk hedging companies with institutional execution and risk management. Founded by quantitative traders Oscar Levy and Antonin Parrot in May 2026, River Markets has routed over 250 million contracts to date and is backed by top-tier venture capital firms following its $8.5 million seed funding round.
River Finance LLC is its FCM affiliate.
Learn more at rivermarkets.com.
For prospective institutional customers: Contact contact@rivermarkets.com to discuss the platform.
Media contact
River Markets
media@rivermarkets.com
This release is for informational purposes only. It is not an offer, solicitation, or investment advice. Availability of any FCM service, financing arrangement, exchange or DCO access, or OTC workflow is subject to applicable law, exchange and clearing rules, agreements, and operational requirements.