CFTC: Some derivatives markets are not suitable for 24/7 trading
CFTC warns regulated derivatives platforms that 24/7 trading, while beneficial to the crypto market, may be unsafe for traditional assets and requires careful assessment of expanding trading and clearing. Permits compliant crypto platforms to offer perpetual futures and global options. Coinbase states that after approval, it can bring the world's largest and most active liquidity to a 24-hour platform. Not all markets are suitable for perpetual trading; agricultural derivatives may have different restrictions. CFTC emphasizes preventing market abuse and strengthening compliance to address ongoing access risks.