CFTC Approves Perpetual Futures on Stocks, Extending Crypto Trading Model to U.S. Markets
Source Summary
The U.S. Commodity Futures Trading Commission has approved perpetual futures contracts on stocks, a trading model previously associated with cryptocurrency markets. CFTC Chair Michael Selig stated the approval provides American traders with a regulated domestic alternative to offshore and often unregulated venues.
Why it matters
The approval brings a previously unregulated crypto-native trading model under U.S. regulatory oversight and offers domestic traders a regulated alternative to offshore platforms.
