CFTC Approves Stock Perpetual Futures for Trading on US Exchanges
(1 hour ago) · 1 source · Summarized by CryptoBipto
The US Commodity Futures Trading Commission (CFTC) has cleared stock-based perpetual futures contracts for trading on regulated US exchanges. This decision allows a type of derivative product that has been widely used in offshore crypto markets to be offered within the US regulatory framework. The move represents a significant step in bringing perpetual futures, which have no expiration date, into the regulated US financial system.
WHY IT MATTERS
Perpetual futures are a type of financial contract that lets you bet on whether the price of something will go up or down, without the contract ever expiring.
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SOURCES
- cointelegraph.com
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