Equity perpetual futures get CFTC clearance for first US trading

The CFTC has cleared the first perpetual futures contracts tied to individual stocks for trading on eligible US exchanges, bringing the crypto market’s no-expiration contract structure into regulated American equity derivatives markets. Equity perpetual futures have been deemed approved under the CFTC’s product review process. Eligible exchanges must hold CFTC designation and SEC registration for security futures trading. Kalshi’s proposed rules set a 15.50% margin floor and 23-hour weekday trading. The contracts fall under both federal securities laws and the Commodity Exchange Act. The Commodity Futures Trading Commission announced the clearance on Nov.