CFTC approves U.S. stock perpetual futures
Business · First reported 3 Nov, 15:02 · Updated 15:22
The CFTC approved U.S. exchanges offering perpetual futures tied to individual stocks. Its chair described the move as providing a regulated alternative to offshore venues.
- The CFTC approved U.S. exchanges offering perpetual futures contracts tied to individual stocks.
- The Block described the approval as the first time individual-stock perpetual futures trading was approved in the United States.
- CFTC Chair Michael Selig said the move offers U.S. traders a regulated alternative to offshore venues, which he characterized as often unregulated.
Summary written by Lux AI from 2 articles
Key facts
- Regulator
- Commodity Futures Trading Commission (CFTC)
- Approval
- U.S. exchanges may offer perpetual futures tied to individual stocks.
- Chair
- Michael Selig
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- An earlier Lux story reported that questions about technology companies’ AI spending had weighed on Nvidia’s stock, alongside analysts’ average estimate of a 60% increase over the coming 12 months. [b93d561d-0563-45ad-9cef-8021f2c60843]
- Another earlier Lux story described financial leaders debating whether AI investment could deliver sufficient returns, including concerns about valuations and potential downturns. [57d9873a-25c9-4211-9d34-7c2448c71e1f]
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