US Opens the Door to Stock Trading With No Expiry Date
The CFTC, the US futures market regulator, has approved perpetual futures tied to individual US stocks. These contracts let investors take a long or short position on a stock price with no expiry date. It is not yet clear which exchanges will offer them or when trading will begin.
Since September, exchanges including Coinbase, Kalshi, Kraken and OG. com have filed proposals to offer this product. The CFTC had already allowed some perpetual futures linked to Bitcoin and crypto.
CME Group, however, has sued the CFTC, arguing these contracts need tighter regulation and that the agency overstepped its authority. The CFTC counters that CME has not shown any harm and could list a similar product itself.
The move brings a crypto-style instrument into traditional equities, but the legal fight with CME is far from over.
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$BMT $LSK $HOT
The CFTC, the US futures market regulator, has approved perpetual futures tied to individual US stocks. These contracts let investors take a long or short position on a stock price with no expiry date. It is not yet clear which exchanges will offer them or when trading will begin.
Since September, exchanges including Coinbase, Kalshi, Kraken and OG. com have filed proposals to offer this product. The CFTC had already allowed some perpetual futures linked to Bitcoin and crypto.
CME Group, however, has sued the CFTC, arguing these contracts need tighter regulation and that the agency overstepped its authority. The CFTC counters that CME has not shown any harm and could list a similar product itself.
The move brings a crypto-style instrument into traditional equities, but the legal fight with CME is far from over.
👇 TRADE HOT COINS HERE 👇
$BMT $LSK $HOT
