CFTC Chair Says Equity Perps Can Begin US Trading

CFTC Chair Mike Selig said equity perpetual futures can begin U.S. trading through futures exchanges that are also registered with the SEC, opening a new derivatives category for domestic venues. Kraken responded “coming soon ,” signaling it intends to offer the products, though no launch date, contract terms, or fee schedule were disclosed. The move matters because equity perps have been largely offshore and outside U.S. regulatory reach, and approval via dual CFTC-SEC-registered exchanges could let U.S. traders access perpetual exposure to stocks. Watch for which exchanges secure dual registration, how Kraken and rivals structure contracts and leverage limits, and whether initial volumes draw liquidity away from offshore venues.