CFTC Says US-Regulated Exchanges Can Begin Trading Individual-Stock Perpetual Futures
Summary
CFTC Chairman Michael Selig said individual-equity perpetual futures may trade on US exchanges registered with the CFTC and meeting applicable SEC requirements. The contracts are treated as security futures under a joint regulatory framework, extending a format popular in crypto derivatives to stock exposure. The regulatory opening does not mean all products are already available. Key details for traders include contract terms, margin, clearing, pricing references and treatment of corporate actions; leverage and market disruptions can still cause substantial losses.
