CFTC Approves Perpetual Futures on Individual Stocks in U.S.

• The CFTC approved perpetual futures contracts on individual stocks for U.S. exchanges.
• This marks the first time such contracts are allowed in the U.S., previously limited to offshore markets.
• CFTC Chair Michael Selig stated this move provides a regulated alternative to offshore trading venues.
• Perpetual futures on individual stocks can now begin trading on U.S.-regulated exchanges.
• The approval extends the crypto trading model to the equity market.