CFTC Opens Door to Stock Perpetual Futures as Kalshi Prepares Launch

Commodity Futures Trading Commission Chairman Michael Selig said Tuesday that perpetual futures tied to individual stocks can begin trading on qualifying U.S. exchanges for the first time. The contracts must trade on venues registered with the Commodity Futures Trading Commission (CFTC) as designated contract markets and be notice-registered with the Securities and Exchange Commission to offer security futures. The announcement opens another product category for companies expanding beyond election and sports contracts. A Kalshi representative told MarketWatch that the exchange plans to launch equity perpetual futures in the coming days.