Page 26 - 期货和衍生品行业监管动态（2025年4月）

期货和衍生品行业监管动态

续衍生品存在的风险，包括涉及市场诚信、客户保护或零售交易等领域的风险。

意见反馈截止日期为 5 月 21 日。公众可通过 CFTC 官网在线意见提交系统

以电子方式提交。

CFTC Staff Seek Public Comment Regarding Perpetual Contracts in Derivatives

Markets (2025/4/21)

The Commodity Futures Trading Commission’s Divisions of Market Oversight,

Clearing and Risk, and Market Participants today issued a Request for Comment to

better inform them on the potential uses, benefits, and risks of perpetual contracts in

the derivatives markets the CFTC regulates (“Perpetual Derivatives”).

“Innovation and new technology has created a renaissance in markets that

presents new opportunities that are accessible to more people, as well as risks,” said

Acting Chairman Caroline D. Pham. “The CFTC is getting back to basics by

requesting public comment on perpetual contracts that have seen significant interest

recently from exchanges and market participants.”

This request seeks comment on the characteristics of perpetual derivatives,

including those characteristics which may differ across products. as well as the

implications of their use in trading, clearing and risk management. The request also
seeks comment on the risks of perpetual derivatives, including risks related to the

areas of market integrity, customer protection, or retail trading.

Comments will be accepted until May 21. Comments may be submitted

electronically through the CFTC Comments online process.

https://www.cftc.gov/PressRoom/PressReleases/9069-25

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