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CFTC Opens US Perpetual Futures: Long-Dated Broad-Based Securities Index Contracts Can Remove Expiry Dates

Original sourcecryptotimes.io

Summary

On October 3, the CFTC issued conditional no-action relief (explained publicly on October 5), allowing US designated contract markets (DCMs) to remove expiry dates from long-dated perpetual-style futures linked to broad-based securities indices, converting them into true perpetual futures, subject…

Key points

  • Perpetual contracts have long been a staple product of offshore exchanges; if this relief takes effect, it will change the supply structure of US compliant derivatives.
  • The US is opening a compliant channel for perpetual futures for the first time, meaning some products that could previously only be traded offshore may move back into the regulated sphere.
  • US compliant derivatives exchanges can add perpetual-style products; for retail investors, the choice between counterparty risk and regulatory protection will increase, but they must still be mindful of the high risks inherent in leveraged products.
  • The article notes this builds on the May 2026 order on digital asset perpetual futures and the June review of broad-based securities index perpetual contracts.

Editorial note

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