CME Group CEO Terry Duffy on prediction markets, perpetual futures and nonstop trading
Photo: Crypto Briefing
The longtime CME chief wants tougher scrutiny of new derivatives as crypto products and event contracts reshape the rulebook Terry Duffy started at CME Group almost five decades ago. Back then, the Commodity Futures Trading Commission was practically brand new. Today, the CME Group chairman and CEO is watching that same regulator approve products he thinks deserve a much harder look. He is not keeping quiet about it. In his latest remarks on how finance regulation has changed, Duffy pointed to three forces reshaping derivatives markets: prediction markets, 24/7 trading and perpetual futures.
Source: Crypto Briefing
