Ondo Finance Calls for US Regulators to Allow Stock Perpetuals Onshore
Ondo Finance has urged US regulators, including the SEC and CFTC, to permit perpetual futures tied to individual stocks to be traded onshore. The company highlighted its offshore platform's impressive $8 billion trading volume in just six weeks, suggesting that existing US securities laws could support this move to bring more derivatives activity domestically.
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Ondo urges US regulators to allow stock perpetuals
Ondo Finance has asked US regulators to bring perpetual futures tied to individual stocks onshore after its offshore platform recorded $8 billion in cumulative trading volume within roughly six weeks. Ondo Finance, in three Aug. 24 comment letters to the…
Ondo urges SEC, CFTC to bring US stock perpetuals onshore
Ondo says existing US securities laws can accommodate perpetual futures tied to individual stocks as regulators look to bring more derivatives activity onshore.