CFTC Approves Individual Stock Perpetual Futures Trading in the US for the First Time
(6 hours ago) · 1 source · Summarized by CryptoBipto
The U.S. Commodity Futures Trading Commission (CFTC) has approved perpetual futures contracts on individual stocks for trading in the United States. This marks the first time such products have been permitted in the country. Perpetual futures are a type of derivative contract widely used in cryptocurrency markets but previously unavailable for U.S. equities.
WHY IT MATTERS
Perpetual futures are a type of financial contract that lets you bet on the price of an asset without ever having to take delivery of it or worry about the contract expiring.
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SOURCES
- theblock.co
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