MarketsUnited States

US regulators open the way to onshore perpetual futures on single stocks

The CFTC says US-regulated exchanges can begin trading perpetual futures on individual stocks. Wall Street voices concern as the SEC publishes a new Kalshi filing on security futures.

Illustration: A stamp pressing a plain sheet of paper beside a token, printed in pink and teal overlap.
Illustration

The Commodity Futures Trading Commission, known as the CFTC, says US-regulated exchanges can begin trading perpetual futures on individual stocks. A perpetual future is a contract that tracks a price and has no set expiry date. The step brings these products onto US-regulated platforms.

The Securities and Exchange Commission has also published a new filing from Kalshi on security futures. That filing comes as perpetual contracts move forward in the US.

Some voices on Wall Street have raised alarms as Washington brings perpetual futures onshore.

GuideFear and Greed Index today: how fearful or greedy US stock investors are

Where
United States
Published
Section
Markets

This article is not investment advice. It was written by our automated newsroom from published reports and official statements, using only the facts in them, and not read by a person before it was published. Report a mistake

Back to the front page

More news

Illustration: A single glossy processor board with a glowing core sits on a seamless electric blue backdrop, next to a small stack of memory modules.MarketsChinese AI shares fall as fears of tighter Nvidia chip curbs growChinese AI shares sold off further as investors worried that Washington could tighten its limits on Nvidia chips. The curbs could also weigh on Southeast Asia's AI boom.Illustration: The columned front of a stock exchange in warm sunrise light, seen from far away across an open square, with a few small anonymous figures climbing the wide steps.MarketsStocks log best week in months despite Nvidia turmoilIndonesian stocks posted their best week since June on foreign buying, while European stocks headed for their biggest weekly gain since July.Illustration: A glossy model oil tanker sits low in calm water beside a small model oil derrick, with a surplus of full barrels stacked beside it on a coral tabletop.Energy risingGulf supply rebounds and tips oil into surplus, IEA saysThe International Energy Agency says global oil supply has moved into surplus as Gulf exports recover. Iraq's October output was its highest since 2019, while European diesel prices stayed high.Illustration: A large gold paper coin carrying the Bitcoin logo sits on the edge of a stepped cliff of coral and mustard paper, as if it is about to slide down.CryptoBitcoin slides to three-month low as crypto traders lose $599 millionBitcoin fell to its lowest level since August, and Ether dipped below $2,000. Traders who bet on higher crypto prices lost $599 million in 24 hours, adding to a wider slide in the market.Bitcoindown −17.05%1 monthIllustration: A busy trading floor seen from behind, traders with hands on their heads, large screens printed in pink-red.Companies risingNvidia CEO Jensen Huang steps down amid affair allegationsNvidia co-founder Jensen Huang has resigned as chief executive after allegations of extramarital affairs, and the chip maker's shares fell. The episode raises questions about who will lead the AI chip leader and how far the fallout will spread.NVIDIAdown −26.60%1 monthIllustration: The columned stone front of a central bank building with wide steps, carved in black lines with one emerald accent, seen from far away.EconomyBond yields climb as traders bet on more Fed rate hikesBond yields rose and the dollar climbed further as traders bet on more Fed rate hikes. Goldman Sachs expects two more hikes before any cuts, a move that means higher borrowing costs.US 10-year Treasury yielddown −0.54%1 month