Ondo Says US Rules Can Support Stock Perpetual Futures
13 Articles
13 Articles
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 says US rules already allow stock perps
In a comment letter dated August 24, Ondo Finance has informed the SEC and CFTC that new regulations are not required to allow trade in perpetual contracts based on US stocks. The letter argues that the current framework of security futures accommodates the product. The document attempts to turn a matter of definition into a...
Ondo Finance raised his hand in front of SEC and CFTC to ask for a precise thing: to bring perpetual futures on shares in the United States, an instrument that so far has lived almost exclusively outside the American borders. On August 24, the company deposited three letters of comment with the two regulators, arguing that the [...]
Ondo: Stock Perpetual Futures Need No New US Rulebook
Can Stock Perpetuals Fit Existing U.S. Securities Rules? Ondo Finance is pressing U.S. regulators to allow perpetual futures tied to individual stocks to trade domestically, arguing that the products can already fit within existing security futures rules without requiring Congress or regulators to create an entirely new framework. In three Aug. 24 comment letters submitted to the Securities and Exchange Commission and Commodity Futures Trading C…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
