CFTC Clears U.S. Stock Perpetual Futures for Exchange Listing
Photo: TokenPost
The Commodity Futures Trading Commission cleared perpetual futures tied to individual U.S. stocks for immediate listing on qualifying U.S. exchanges, bringing the products within its regulatory framework, CFTC Chair Michael S. Selig said Tuesday. The approval allows these contracts to be listed on a CFTC-registered exchange for the first time. It takes effect immediately and applies to venues that meet requirements across the derivatives and securities markets. Each venue must be a designated contract market (DCM) permitted to trade security futures products and must also register with the Securities and Exchange Commission as a national securities exchange through a notice…
Source: TokenPost
