Topic

Security futures

Futures contracts on single stocks or narrow-based security indexes, regulated in the US jointly by the SEC and the CFTC.

Current clusters

invest2 publishers

OG.com asks the CFTC to list never-expiring stock futures at 15.05% margin

OG.com Markets asked the CFTC to approve cash-settled perpetual futures on single US stocks, trading 24 hours a day on weekdays at a 15.05% minimum margin. At about 6 times leverage they would sell the trade margin accounts now offer, so brokers will pick the winning venue.

Publishers:cointelegraph.comcrowdfundinsider.com

Reality

Evidence55
Adoption5
Hype gap+5
Incentives60
Confidence60

invest2 publishers

Hyperliquid asks for equity perps as security futures, and no rulemaking to get there

The $480bn it waves at the SEC and CFTC is under a tenth of its own venue's volume, and the onshore category it wants to enter is one CME only reopened in July.

Publishers:crowdfundinsider.comcryptopolitan.com

Reality

Evidence60
Adoption30
Hype gap+25
Incentives80
Confidence60

invest3 publishers

Kalshi and Coinbase filed near-identical US stock perpetual futures on the same day

Both venues want cash-settled contracts on the largest US listings, with funding payments in place of an expiry date, and because the underlyings are securities the products need the SEC as well as the CFTC.

Publishers:cointelegraph.comcrowdfundinsider.comcryptobriefing.com

Perspective Coverage

3 publishers

Builder: Builder 20%
Operator: Operator 38%
Investor: Investor 42%

Reality

Evidence62
Adoption3
Hype gap+12
Incentives45
Confidence64