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Woofun AI reports that the U.S. Commodity Futures Trading Commission has formally requested public commentary regarding structural adjustments in the energy derivatives sector. The agency is evaluating two primary proposals: expanding standard futures contract trading hours to a continuous 24/7 schedule while preserving fixed maturity dates, and assessing the viability of perpetual contracts tied to physically delivered, storable energy commodities like crude oil.
CFTC Chairman Michael S. Selig indicated that this outreach aims to collect empirical market feedback to evaluate how such innovations might influence market dynamics. The commission seeks to foster product development while simultaneously mitigating risks associated with market manipulation and systemic disruption. Stakeholders have a 30-day window, commencing from the Federal Register publication date, to submit their formal responses.