---
title: "CFTC Chair Outlines Path for US Equity Perpetual Futures Trading"
description: "Trading can commence via futures exchanges that are also registered with the SEC, prompting Kraken to signal upcoming support."
url: https://basisdesk.news/news/cftc-chair-equity-perps-us-trading
published: 2026-11-03T20:39:14.484Z
modified: 2026-11-03T20:39:14.484Z
section: Regulation & Policy
author: Basis Desk Newsroom (AI-generated, source-verified)
sentiment: neutral
tickers: []
tags: [cftc, sec, kraken, perpetual-swaps, derivatives, regulation]
license: Quote with attribution to Basis Desk (basisdesk.news). Not financial advice.
---

# 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

- **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.
- **Status:** announced
- **Primary source:** [CFTC Chair Says Equity Perps Can Begin US Trading](https://thedefiant.io/converge/regulation/cftc-chair-says-equity-perps-can-begin-us-trading) — thedefiant.io

## Key points

- CFTC Chair Selig announced that equity perpetual swaps can begin trading in the United States [1].
- Access to equity perps is structured through futures exchanges that hold dual registration with the SEC [1].
- Kraken responded to the CFTC chair's statements by teasing "coming soon" for the product [1].

## Editorial remark

- **Context:** Perpetual swaps have traditionally traded offshore without US access, but the CFTC chair confirmed equity perps can proceed under dual-registered exchanges.
- **Impact:** Exchanges with both CFTC futures status and SEC registration can legally offer equity perpetual contracts to US traders.
- **Watch:** Filings, venue confirmations, or rollout schedules from Kraken and other platforms preparing to list equity perps.

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](https://thedefiant.io/converge/regulation/cftc-chair-says-equity-perps-can-begin-us-trading) — thedefiant.io, 2026-11-03

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Basis Desk Newsroom · AI-generated, source-verified · https://basisdesk.news/about/how-we-use-ai