Topic
derivatives
48 stories
BitGo folds its NYDIG acquisition into a new institutional trading unit, 'Global Markets'
BitGo launched a Global Markets division on November 4, naming ex-NYDIG executive Pete Janney to lead institutional trading, financing, and derivatives built partly from its August acquisition of NYDIG's trading arm.
CFTC Clears Equity "Perps" for U.S. Exchanges, Importing a Crypto Trading Model to Wall Street
The CFTC said Tuesday that perpetual futures tied to individual stocks are approved to trade on regulated U.S. exchanges for the first time, under joint oversight with the SEC.
Binance pledges $6.34B of its own funds after record $6.3B hot-wallet theft
Binance says it has earmarked more than $6.34 billion of its own money to make users whole after roughly $6.3 billion was drained from its hot wallets, the largest crypto theft on record.
Coinbase's Q3 profit jumps 66% — but a crypto-holdings gain does most of the lifting
Coinbase posted $719 million in Q3 net income, up 66% year over year, but most of the jump came from a $715 million mark-to-market gain on its own crypto holdings as revenue fell 35% from a year earlier.
CFTC Sets December 15 Roundtable on 24/7 Derivatives Trading
The CFTC will hold a public roundtable on December 15, 2026 to weigh whether U.S. derivatives markets should move to round-the-clock trading, building on a comment request issued earlier this year.
CFTC to double the frequency of its Commitments of Traders report by year-end
The CFTC says it will publish its Commitments of Traders report twice a week instead of once by the end of 2026, cutting data latency from three days to two.
CFTC Sues Utah to Block State Enforcement Against Prediction Markets
The CFTC sued Utah on October 27, 2026 to block state enforcement actions against CFTC-registered prediction markets, part of a broader fight the agency says now spans ten states.
Luxor raises $16M to turn AI computing power into something you can trade
Luxor Technology raised $16 million led by CMT Digital, with mining-rig makers Canaan and MicroBT among the backers, to build out hardware brokerage and derivatives for trading AI computing power.
Bitcoin dips under $80,000, wiping out $404 million in leveraged longs
Bitcoin briefly fell below $80,000 on Saturday, triggering $404 million in long liquidations in four hours, as spot bitcoin ETFs logged a second straight day of outflows.
Crypto traders put a $110 billion tag on Jio's IPO — via a thin Bitget futures contract
A Bitget perpetual futures contract is pricing India's Jio Platforms at about $110 billion as its record IPO opens for subscription — a roughly 4% premium to the offering's top price band, on just $4.4 million of volume.
CFTC tells court CME has no standing to fight its perpetual-futures policy
The CFTC told a federal court that CME lacks legal standing to challenge its new perpetual-futures policy, arguing CME hasn't shown any imminent financial harm and has told investors it sees no demand for perps.
DRW and Marex run an OTC swap on a tokenized S&P bond index — with the index's owners calling the shots
DRW and Marex completed a total return swap referencing a tokenized S&P iBoxx investment-grade bond index on the Canton Network, in a deal S&P and Kaiko call the first OTC derivative tied to a fully tokenized index.
Binance Is Shutting Down Its Mining Business on Nov. 10
Binance will close Binance Pool, Cloud Mining, Pool Savings, and Transaction Accelerator on Nov. 10, 2026, ending its mining business as it pushes into AI tools and TradFi-linked derivatives.
CFTC Moves to Classify Event Contracts as "Swaps," Claiming Exclusive Jurisdiction
The CFTC proposed a rule on October 9 that would expressly define sports, political, cultural, and weather event contracts as "swaps," asserting exclusive federal jurisdiction over the fast-growing prediction markets.
CFTC Carves Casino-Style Gambling Out of the "Swap" Definition
The CFTC published an interim final rule on October 9, 2026, codifying that casino-style gambling products, including sportsbook and casino wagers, fall outside the legal definition of a "swap" and thus outside its derivatives remit.
CFTC Clears a Narrow Path to True Perpetual Index Futures — With a Two-Week Shelf Life
The CFTC's Division of Market Oversight granted no-action relief letting exchanges strip expiration dates from existing perpetual-style broad-based security index futures and convert them to true perpetual contracts, subject to customer-protection conditions and expiring October 20.
Robinhood plans U.S. perps with up to 10x leverage, weekend stock trading, and in-app AI agents
Robinhood said it will roll out perpetual futures with up to 10x leverage on bitcoin and ether, weekend stock trading, and in-app AI trading agents for U.S. users in the coming months.
CFTC staff warns on "mention markets," citing manipulation risk in bets on what people say
The CFTC's Division of Market Oversight issued a staff advisory on September 22, 2026, warning that "mention market" event contracts carry a heightened manipulation risk and outlining limited conditions for listing them.
CFTC Said to Clear a Path for Crypto Apps to Offer Regulated Derivatives
The U.S. CFTC has moved to let crypto apps offer users access to regulated derivatives, according to Decrypt, though the agency's specific mechanism and scope were not detailed.
CFTC Staff Won't Pursue Passive-Software Providers Over Broker Registration
The CFTC's Market Participants Division said on September 17, 2026 it won't recommend enforcement against passive-software providers that fail to register as introducing brokers, subject to conditions.
Crypto.com's Nadex registers with the SEC for single-stock futures; perps still pending
Crypto.com's CFTC-regulated Nadex exchange registered with the SEC to trade security futures, effective mid-September, while CEO Kris Marszalek says the firm is separately seeking approval for single-stock perpetual futures.
CFTC Staff Hands Electron Exchange Relief on Large-Trader Reporting for Direct Participants
The CFTC's Division of Market Oversight granted Electron Exchange DCM a no-action letter on September 2, 2026, letting the exchange file large-trader reports for its direct participants as if its contracts were exclusively self-cleared.
Binance adds options on 1,000+ U.S. stocks and ETFs, citing a jump in TradFi derivatives volume
Binance is launching physically settled options on more than 1,000 U.S. stocks and ETFs for non-U.S. customers, routed through an Abu Dhabi broker to Alpaca Securities, as its self-reported TradFi perpetual volume climbs.
XRP jumps 40% while traders cut leverage and shift futures toward CME
XRP rose nearly 40% in two weeks to about $1.38, yet total futures open interest fell 16% while CME's share of outstanding positions climbed to roughly 17% from 10%, per CoinGlass and CFTC data cited by CoinDesk.
Eight days of bitcoin ETF inflows, $2.8 billion — and a tape that never quite showed $80,000
Spot bitcoin ETFs logged an eighth straight day of net inflows totalling $2.8 billion on Aug. 27, while BTC changed hands just under $80,000 and futures open interest stayed flat.
Hyperliquid's policy arm asks the CFTC to open a US path for oil perpetuals
The Hyperliquid Policy Center and trade[XYZ] filed a comment letter Wednesday asking the CFTC to build a regulated path for onchain oil perpetual futures in the US, citing a weekend Middle East supply shock that hit while dated futures markets were shut.
CFTC proposes letting swap venues drop order books for 'permitted transactions'
The CFTC voted to publish a proposed rule scrapping the requirement that swap execution facilities maintain an order book for permitted transactions, citing thin usage; comments run 30 days.
Bitcoin ETFs post $517M day as the summer range finally breaks
US spot bitcoin ETFs recorded $517 million of net inflows on Aug. 19 and ether funds $189 million, per SoSoValue data cited by CoinDesk, as bitcoin cleared $69,000 and ether rose 18% to about $2,250.
CFTC proposes carving SEC-registered advisers out of commodity pool registration
The CFTC proposed exempting some SEC-registered advisers from commodity pool operator and trading advisor registration, and would raise the small-pool threshold for inflation, with 45 days for comment.
Bitcoin sits near $63,500 while one trading firm argues the ETF flows have flipped
A note from trading firm ARP Digital says US spot bitcoin ETFs absorbed more than 14,000 BTC in five days to August 7 as spot and perpetual volumes hit multi-year lows, with bitcoin flat near $63,500.
Bitcoin's derivatives market went quiet before CPI — but the leverage didn't go anywhere
Bitcoin perpetual volumes on Binance and Bybit fell to a three-year low of $10.8 billion, K33 says, while open interest stayed elevated and a Harmony exploit minted 4 billion ONE tokens.
CFTC sets Aug. 20 for the first meeting of its Innovation Advisory Committee — agenda and membership still undisclosed
The CFTC will convene the first meeting of its Innovation Advisory Committee at 1 p.m. on Aug. 20 in Washington, though the agency has not published an agenda or a membership roster.
CFTC fines UBS's brokerage arm $8M over FX wire monitoring gaps, including a fix that broke
The CFTC fined UBS Financial Services $8 million over four and a half years of gaps in monitoring foreign-currency wires, including a 2021 system replacement the firm then misconfigured.
CFTC staff extends dormancy relief for Kraken's rebranded futures exchange
The CFTC's Division of Market Oversight granted Kraken Derivatives Exchange — the futures venue formerly known as Small Exchange — a time-limited extension of earlier no-action relief tied to dormancy procedures.
CFTC tells exchanges to stop bundling event contracts into one catch-all filing
The CFTC's Division of Market Oversight told exchanges on July 24, 2026 to stop filing broad, template-style self-certifications that bundle many event-contract variations into a single filing, saying the practice blocks proper review.
CFTC buys itself another month on 24/7 futures and energy "perpetuals"
The CFTC pushed its public-comment deadline back 30 days to August 26, 2026, on whether to permit 24/7 trading of standard energy futures and to list perpetual contracts referencing physical or storable energy commodities.
Hyperliquid to open prediction-market deployment to anyone — for a 500,000 HYPE stake
Hyperliquid says a coming update to its HIP-4 upgrade will let anyone deploy prediction markets on the exchange, requiring a 500,000 HYPE stake that validators can slash for bad settlement.
CFTC Ends Routine Large-Trader Position Reporting for Physical Commodity Swaps
The CFTC issued a final order ending Part 20's routine daily and event-based position reports for physical commodity swaps, while keeping recordkeeping and special-call powers in place.
Stock perps now make up nearly half of Hyperliquid's trading volume, The Block reports
Perpetual futures tracking stocks like Nvidia and Tesla have grown from roughly 2% to nearly 50% of Hyperliquid's daily perp volume this year, according to The Block, with builder-deployed HIP-3 markets driving the shift.
Coinbase's Q1 update leads with market share and 'annualized' product metrics — and skips the bottom line
Coinbase's Q1 2026 press release touts an 8.6% all-time-high trading market share and fast-growing derivatives, prediction markets and stablecoin volumes — but discloses no total revenue or net income, and calls the quarter's market "softer.
Coinbase brings crypto-style perpetual futures to equity indexes
Coinbase Derivatives said it would launch four cash-settled, perpetual-style equity index futures — tracking AI, Chinese ADRs, defense, and the Nasdaq top 100 — on its CFTC-regulated US exchange in June 2026.
CFTC Opens a Rules Review, Inviting the Public to Name What Should Go
The CFTC opened a Request for Information on June 16 asking the public to flag rules, guidance, and no-action letters it should reconsider to ease competition for fintech firms.
CFTC Opens Comment Period on 24/7 Futures and Energy 'Perpetual' Contracts
The CFTC on June 22 opened a public comment period on letting standard futures trade around the clock and on introducing perpetual futures tied to physically delivered or storable energy commodities.
CFTC Sues Kentucky, Claiming State Is Trying to Shut Down Markets It Doesn't Regulate
The CFTC filed suit against Kentucky on June 23, 2026, seeking to stop the state from using its own laws to shut down federally registered contract markets, which the agency says fall under its exclusive jurisdiction.
CFTC hits two offshore firms with $2.5M over illegal leveraged retail trades
The CFTC on June 29 ordered offshore firms Netrios LP Ltd. and Red Acre Ltd. to pay $2.5 million combined for illegally offering leveraged or margined retail commodity transactions to U.S. customers off-exchange.
SEC and CFTC Ask the Public Three More Questions About Harmonizing Derivatives Rules — and Propose Nothing
Over two weeks in June 2026, the SEC and CFTC issued three joint requests for public comment on harmonizing derivatives rules — product definitions, data reporting and portfolio margining — but proposed no actual rules.
Coinbase Launches "Pre-IPO" Perpetual Futures, Starting With a SpaceX Contract
Coinbase is offering non-US traders a USDC-settled perpetual future that tracks SpaceX's implied private valuation, issued through its Bermuda entity and barred to US persons.
CFTC Clears Path for Exchanges to Convert Crypto "Perp-Style" Futures into True Perpetuals — But the Relief Has Already Lapsed
The CFTC's Division of Market Oversight issued a no-action letter allowing registered exchanges to strip expiration dates from digital-commodity futures and create true perpetuals, but the relief expired June 30.