CFTC Chair Outlines Path for US Equity Perpetual Futures Trading
Trading can commence via futures exchanges that are also registered with the SEC, prompting Kraken to signal upcoming support.
At a glance Announced
- What happened
- CFTC Chair Selig stated that equity perpetual swaps can begin US trading via futures exchanges also registered with the SEC.
- Why it matters
- The framework creates a regulatory route for US perpetual swap contracts tied to equities on dual-registered exchanges.
- Who is affected
- US futures exchanges, SEC-registered venues, and crypto derivatives platforms like Kraken.
- What's next
- Product rollouts and launch timelines from platforms seeking to list US equity perpetuals.
- Primary source
- thedefiant.io: CFTC Chair Says Equity Perps Can Begin US Trading
Key points
The chair of the Commodity Futures Trading Commission announced that trading in equity perpetual swaps can begin in the United States, according to statements outlined by the regulator 1. Under the regulatory pathway detailed by Selig, market participants may access equity perpetuals through futures exchanges that also maintain registration with the Securities and Exchange Commission 1.
Following the announcement, crypto exchange Kraken hinted at plans to support the derivatives product, replying with "coming soon" to the news 1. The remarks establish that offering equity-based perpetual contracts requires entities to operate within trading venues registered under both the CFTC and the SEC 1.
Pathway for Dual-Registered Exchanges
The dual-registration requirement directly impacts crypto derivative platforms seeking to offer continuous contracts on traditional stocks within the US jurisdiction 1. Perpetual swaps, long dominant in offshore cryptocurrency markets, have historically lacked an authorized framework for US equity exposures 1.
While trading has been cleared to begin under venues meeting the dual-regulatory criteria, no specific launch date was confirmed by the CFTC 1. Market observers are tracking whether dual-registered venues move to roll out equity perpetual products 1.
Sources
- [1] CFTC Chair Says Equity Perps Can Begin US Trading — thedefiant.io, November 3, 2026
Written by Basis Desk's newsroom system from the primary sources above and machine-verified against them before publication. Market figures marked "at the time of writing" come from live exchange data. Report an error: corrections@basisdesk.news · corrections policy.
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