OG.com seeks U.S. approval for perpetual futures tied to individual stocks

  • OG.com Markets filed CFTC rules seeking U.S. single-stock perpetual futures approval.
  • Proposed contracts would be cash-settled, non-expiring and tradable 24 hours, five days weekly.
  • Coinbase, Payward’s Bitnomial and Kalshi also filed proposals on Sept. 18.

OG.com Markets has filed proposed rules with the Commodity Futures Trading Commission to list cash-settled perpetual futures tied to individual U.S. stocks. The contracts would have no expiration date and trade 24 hours a day, five days a week, allowing investors to maintain exposure without rolling contracts. OG.com was recently spun out of Crypto.com as an independent prediction markets and derivatives platform valued at $5 billion. It joins Coinbase, Kalshi and Kraken parent Payward, through its Bitnomial exchange, in pursuing similar products. The initiative follows regulatory steps by the CFTC and Securities and Exchange Commission to establish frameworks for perpetual contracts and tokenized stocks. Cronos rose about 6% after the filing-related announcement and remains about 93% below its November 2021 record.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.