Perpetual Futures Versus Dated Institutional Futures stories

Nov 3, 2026

CFTC approves perpetual futures on individual US stocks for first time

CFTC Chairman Michael Selig announced that perpetual futures contracts on individual company stocks can now trade on properly registered US commodity markets, extending a product previously confined to offshore crypto exchanges to regulated domestic venues.

Nov 3, 20267 sources

Top claims

▪Equity perpetual futures are classified as security futures products, requiring exchanges to hold a Commodity Futures Trading Commission contract market registration and a notice registration with the Securities and Exchange Commission
▪The Commodity Futures Trading Commission and Securities and Exchange Commission rely on the Commodity Futures Modernization Act of 2000 and a March 11 Memorandum of Understanding to coordinate oversight of security futures products
▪The equity perpetual futures filed by Coinbase Derivatives on September 18, 2026 feature funding payments of up to 0.10% per hour paid by buyers to sellers when the contract trades above the underlying stock price

People involved

Michael Selig

Subtopics

CME lawsuit over Kalshi Bitcoin perpetuals1 Commodity Futures Trading Commission1 Crypto derivatives1 Crypto exchanges1 Crypto regulation1 Derivatives & perps1 Dodd-Frank Act1 Federal agencies1 Perpetual futures1

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