Crypto-Style Perpetual Futures Will Soon Be Available For Individual Stocks. Here's What Investors Need to Know.
The CFTC has approved single-stock perpetual futures (perps) for U.S. trading, offering a simpler alternative to traditional options with built-in leverage and no expiration dates. Kalshi launched the first regulated single-stock perps in early November, while other platforms like TradeXYZ and Charles Schwab are positioning to enter the market. However, legal challenges from Wall Street trade groups could delay broader adoption by major brokerages.