Brind.

Regulated Perpetual Futures Trading Begins on Individual Equities

Steady: 1 in the last 7 days Updated wednesday

The latest in this situation

  1. Michael S. Selig announced perpetual futures trading.

How it started

2 reports, 2 independent, last reported Tue 00:00. The briefing below covers this first event.

AI-generated briefing. Brind wrote this from the reports listed below and has updated it as the story developed. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 2 outlets

Perpetual futures trading on individual equity securities began on designated contract markets dually registered with the SEC, following an announcement by CFTC Chairman Michael S. Selig. Decentralized exchanges, such as HYPE, have been offering perpetual futures, which allow traders to make leveraged bets on future prices without owning the underlying asset. This trend is attracting established financial players, enabling smaller companies to achieve significant market size.

From newsroomamerica.com, yahoo.com

Why it matters

Some supportBrind's analysis of the reports

The expansion of regulated perpetual futures and the growth of decentralized markets are changing the structure of financial trading. This shift increases market access for speculation on both crypto and equity assets, while centralized exchanges face competition from on-chain venues.

From yahoo.com

Who's involved

  • CoinbaseA centralized exchange competitor in the crypto trading market
  • HYPEA decentralized cryptocurrency exchange offering perpetual futures
  • SECThe regulatory body involved in the dual registration of contract markets
  • KrakenA cryptocurrency exchange that is seeing increased institutional interest in perpetual futures

Who could feel it

Possible knock-on effects

These are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.

  • HYPESpeculative

    Operational limitations regarding U.S. market access could restrict its revenue stream.

  • CoinbaseSpeculative

    The company might face reduced market share due to increased competition from decentralized venues.

Possible ripples

Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.

How it developed

Newest first. Tap a step to see who reported it.
  1. Kraken and Coinbase filed stock perpetual products, making Nvidia and Tesla stocks eligible for new perps.Sub-event
  2. Michael S. Selig announced perpetual futures trading.1 source
  3. Market participants are moving volume to on-chain venues.Sub-event
  4. HYPE and Coinbase are moving forward with the rollout of U.S. regulated products, actively seeking necessary approval from the CFTC for new offerings.Sub-event
  5. Charles Schwab, Coinbase, and Robinhood are entering prediction markets.Sub-event
  6. Perpetual futures attract established financial players, enabling small companies to reach giant market size.1 source

Keep exploring

The entities involved

Related events

Coverage

Newest first; wire copies grouped