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BSCN
@BSCNews
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Joined November 2020
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CFTC and SEC Team Up to Legalize 24/7 Equity Perps in the US @CFTC Chairman @ChairmanSelig has allowed permanent futures in individual stocks to trade on both CFTC-registered exchanges, in collaboration with @SECGov Chairman @SECPaulSAtkins. This brings perpetual contracts under regulation. US traders onshore will have access to continuous equity leverage, and the move aims to bring billions in volume back to US clearinghouses from offshore locations. The new model ensures unified regulation for perps. The most favored cryptocurrency instrument on Wall Street is gaining popularity now.
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