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U.S.CFTC plans to December 15 hold a roundtable to discuss derivatives market 24/7 trading mechanisms

PANews October 29 reports that the U.S. Commodity Futures Trading Commission (CFTC) announced that it will December 15 hold an industry roundtable to discuss the feasibility of around-the-clock (24/7) trading in derivatives markets. The meeting will continue CFTC the work conducted this summer to solicit public comment on extending trading hours for standard futures contracts and introducing a perpetual contract mechanism. The meeting will reportedly be held at the CFTC headquarters in Washington and livestreamed publicly. The specific agenda, speakers, and registration information will be announced later. The discussion will cover overnight trading, asset tokenization, infrastructure development, staffing, and operational readiness, exploring how to promote financial innovation while protecting market participants’ interests and safeguarding the integrity and resilience of the U.S. derivatives market.CFTC Chair Selig said that the regulator will not take a one-size-fits-all approach to 24/7 trading...

Source: https://www.panewslab.com/zh/articles/01a1837c-3da6-7204-bad9-be952f823ac5