`Equity perps’ can start trading on US CFTC-registered exchanges, Selig says

By Neil Roland ( November 3, 2026, 21:33 GMT | Insight) -- Perpetual futures contracts on individual stocks can begin trading today for the first time on US Commodity Futures Trading Commission-registered exchanges, Chair Michael Selig said — to the consternation of Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee. These derivatives contracts, commonly referred to as “equity perps,” let traders gain indefinite leveraged exposure to stock prices as long as they maintain margin. Traditional futures have a fixed settlement date, such as the end of the month. Equity perps also allow around-the-clock trading on future prices of stocks, even while the stocks themselves only trade during market hours.Perpetual futures contracts on individual stocks can begin trading today for the first time on US Commodity Futures Trading Commission-registered exchanges, Chair Michael Selig said — to the consternation of Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee....

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