CFTC Approves Stock Perpetual Futures for Trading on US Exchanges

The Commodity Futures Trading Commission (CFTC) has taken a step that could reshape how US investors access derivatives exposure in equities: it says perpetual futures tied to individual stocks may now begin trading on regulated exchanges. In a Tuesday statement, CFTC Chairman Michael Selig said the contracts were deemed approved under CFTC Regulation 40.3 and can be offered on exchanges registered with both the CFTC and the Securities and Exchange Commission (SEC) to trade “security futures products.” The practical implication is that traders may soon be able to use perpetual-style instruments—popular in crypto markets—to express views on stock prices without…