The CFTC has officially cleared the way for perpetual futures on individual stocks, importing the most popular crypto trading model to Wall Street. These "equity perps" allow for leveraged trading without expiration dates, a format that generated over $630 billion in crypto volume last month. $BTC perps were approved earlier this year, and now the agency is expanding the framework to traditional securities under joint oversight with the SEC.
The move is already facing heavy resistance. A coalition including Citadel Securities and Cboe filed a lawsuit Tuesday to block the decision. They argue these products are actually swaps that belong under SEC jurisdiction, not futures. While the legal fight heats up, the Trump administration has signaled a priority to bring platforms like Hyperliquid onshore. No specific launch date or stock list has been published yet.
Full piece: https://app.binance.com/uni-qr/cart/384561674592692?r=KU1Z4N85&l=en-TR
The move is already facing heavy resistance. A coalition including Citadel Securities and Cboe filed a lawsuit Tuesday to block the decision. They argue these products are actually swaps that belong under SEC jurisdiction, not futures. While the legal fight heats up, the Trump administration has signaled a priority to bring platforms like Hyperliquid onshore. No specific launch date or stock list has been published yet.
Full piece: https://app.binance.com/uni-qr/cart/384561674592692?r=KU1Z4N85&l=en-TR