Updated
Updated · Bloomberg · Jun 23
CFTC Seeks Input on 24/7 Energy Derivatives, Perpetual Contracts
Updated
Updated · Bloomberg · Jun 23

CFTC Seeks Input on 24/7 Energy Derivatives, Perpetual Contracts

3 articles · Updated · Bloomberg · Jun 23

Summary

  • The Commodity Futures Trading Commission on Monday opened a public comment process on round-the-clock trading and perpetual-contract structures for traditional energy derivatives.
  • Industry heavyweights had raised concerns that offshore platforms and nonstop trading could amplify risk, prompting the agency to build a fuller record before markets evolve further.
  • Chairman Michael Selig said exchanges are already extending trading hours and introducing new contract designs, and the CFTC wants data to assess their market impact.
  • The move signals closer scrutiny of crypto-style perpetual products and 24/7 market models as they edge into more traditional commodities trading.

Insights

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With CME suing the CFTC, is the multi-trillion dollar crypto derivatives market facing a legal showdown?