Coinbase files for US stock perpetual futures, but CFTC approval remains pending
- —Filing submitted to CFTC; SEC published the notice on Sept. 18
- —Contracts are cash-settled with no expiry and no delivery of shares
- —Proposed trading week runs Sunday 8 p.m. to Friday 5 p.m. ET
- —Funding rate and interval would be set per product in an appendix
Why it matters: Approval would give US traders round-the-clock exposure to stocks and ETFs via a crypto exchange, intensifying competition with traditional brokers.
Source: CryptoSlate
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