Huge bullish news!!!! Perpetual contracts, which crypto traders have been using for years, have officially entered the U.S. stock market 👏👏
CFTC Chairman Michael S. Selig has officially announced that single-stock perpetual futures have been approved for listing and trading in the United States for the first time. Platforms offering these contracts must meet two requirements: they must be designated contract markets (DCMs) by the CFTC, and national securities exchanges registered with the SEC. In other words, both regulators have to give their approval.
The key point❗️❗️ The biggest difference between perpetual contracts and ordinary futures is that they have no expiration date, so there’s no need to roll them over every quarter. Funding rates keep their prices close to spot prices. Until now, anyone wanting to trade U.S. stocks this way basically had to use offshore platforms. Now it’s possible in regulated markets, too.
The significance of this step isn’t just that a new product has been added. It’s that, for the first time, U.S. regulators have acknowledged that a product structure proven in crypto markets can be brought into the traditional financial system. The CFTC and SEC have spent years disputing jurisdiction. This time, both agencies approved it, sending a clear signal: the boundary between TradFi and crypto is being actively dismantled #CFTC #合约交易 #美股
CFTC Chairman Michael S. Selig has officially announced that single-stock perpetual futures have been approved for listing and trading in the United States for the first time. Platforms offering these contracts must meet two requirements: they must be designated contract markets (DCMs) by the CFTC, and national securities exchanges registered with the SEC. In other words, both regulators have to give their approval.
The key point❗️❗️ The biggest difference between perpetual contracts and ordinary futures is that they have no expiration date, so there’s no need to roll them over every quarter. Funding rates keep their prices close to spot prices. Until now, anyone wanting to trade U.S. stocks this way basically had to use offshore platforms. Now it’s possible in regulated markets, too.
The significance of this step isn’t just that a new product has been added. It’s that, for the first time, U.S. regulators have acknowledged that a product structure proven in crypto markets can be brought into the traditional financial system. The CFTC and SEC have spent years disputing jurisdiction. This time, both agencies approved it, sending a clear signal: the boundary between TradFi and crypto is being actively dismantled #CFTC #合约交易 #美股
