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Cointelegraph

Kalshi seeks CFTC approval for WTI crude perpetual futures: Report

Kalshi reportedly plans to file for approval of a WTI crude oil perpetual futures contract that would trade around the clock five days a week without an expiration date.Prediction market operator Kalshi will reportedly seek regulatory approval for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires.The contract could be filed with the Commodity Futures Trading…

Photo: Cointelegraph

Kalshi reportedly plans to file for approval of a WTI crude oil perpetual futures contract that would trade around the clock five days a week without an expiration date.Prediction market operator Kalshi will reportedly seek regulatory approval for a West Texas Intermediate (WTI) crude oil perpetual futures contract that never expires.

The contract could be filed with the Commodity Futures Trading Commission (CFTC) as soon as next week, a person familiar with the matter told Bloomberg. It would trade 24 hours a day, five days a week, according to Reuters.

If approved, it would be the first oil-linked perpetual futures product to trade on a regulated US platform.

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Originally published by Cointelegraph. Read the full story at the source →

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