CFTC asks for input on 24/7 energy trading and perpetual oil contracts
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Table of Contents
The Commodity Futures Trading Commission is asking the public for feedback on two potential changes to how energy derivatives are traded. First, it wants to know if standard futures contracts with fixed expiration dates should be allowed to trade around the clock, seven days a week. Second, it is seeking comments on whether perpetual contracts can be listed for physically delivered or storable energy commodities like crude oil.
Why it matters: This matters because it determines who can trade energy futures at odd hours and under what rules. If approved, traders would face margin calls and price risks during weekends and holidays when banks do not process payments. It also signals whether the regulator is willing to treat physical commodities like digital assets in terms of continuous trading structures.
Who it affects
- Futures exchanges that list energy contracts
This is a proposed rule from the CFTC published in the Federal Register; readers should check the full document for specific data requests and comment deadlines before drawing conclusions.
Agency: Commodity Futures Trading Commission
Source: Federal Register — read the official document