CFTC Chairman Michael Selig announced on November 3, 2026, that perpetual futures tied to individual stocks can begin trading on CFTC-registered exchanges. The contracts were deemed approved as security futures products, but the announcement does not say trading has begun or that there is demand for them.
The contracts have no expiration date. Traders can keep leveraged positions open only if they meet margin requirements. The products are subject to both CFTC and SEC oversight, as well as federal commodities and securities laws.
