CFTC Approves U.S. Trading of Individual-Stock Perpetual Futures
The CFTC approved U.S. exchanges’ ability to offer perpetual futures contracts tied to individual stocks. The body is truncated after saying Chair Michael Selig greenlit the move on Tuesday.
The Commodity Futures Trading Commission approved the ability for exchanges in the United States to offer perpetual futures contracts tied to individual stocks — just months after those assets were put into the spotlight by President Donald Trump.On Tuesday, CFTC Chair Michael Selig greenlit the ab…