CFTC outlines U.S. listing route for stock perpetual futures under existing SEC-CFTC rules

The CFTC said on Nov. 3 that perpetual futures tied to individual stocks can be listed on CFTC-registered designated contract markets that are also SEC-registered national securities exchanges authorized to trade security futures. The announcement establishes a regulated U.S. trading route, but does not confirm that customers have begun trading the contracts ^{[1] [2]}.

CFTC Chair Michael Selig described the contracts as a regulated alternative to offshore, often unregulated venues. The contracts have no fixed expiration date and require traders to meet margin requirements; the CFTC and SEC will oversee them under existing security-futures rules, according to reporting ^{[3] [4]}.