In brief
- The CFTC cleared perpetual futures on individual stocks to trade on registered U.S. exchanges for the first time, bringing the expiration-free, leveraged instrument long popular in crypto to traditional equities.
- Chairman Michael Selig framed it as part of his push to “onshore” perpetual products, building on the agency’s earlier approval of Bitcoin perps for Kalshi.
- The contracts fall under joint CFTC-SEC oversight via a March memorandum of understanding.
The U.S. derivatives regulator has opened the door to perpetual futures on individual stocks, importing one of crypto’s most popular trading instruments into traditional equity markets for the first time.
The Commodity Futures Trading Commission said Tuesday that…
