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Underdog Self-Certifies Seven Sports Contracts with CFTC on July 15, Targets Trading Launch by July 17

2026-07-18 01:36:53

According to the CFTC product database, Underdog's exchange entity Aristotle Exchange DCM Inc. (operating as UDX) self-certified seven sports event-contract templates on July 15. The filings target first contract listings no later than July 17. The certifications cover three baseball and three basketball templates on game-winner, winning-margin, and total-score markets, plus one broader contract allowing markets on athlete or team outcome achievement. Each contract carries a $1 notional value and trades between $0.001 and $0.999. Underdog acquired Aristotle Exchange and its affiliated clearing organization in March to operate its own CFTC-registered exchange, transitioning from its prior role as an intermediary distributing contracts from third-party venues.

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