Update
CFTC Clears US Stock Perpetuals for Eligible Exchanges
The CFTC has cleared US stock perpetual futures for eligible regulated exchanges. Kalshi, which offers single-stock perpetuals, notes that scheduled closures prevent opening or closing positions. Holders can face different reopening prices and adverse moves may trigger liquidation. Coinbase's filing for stock-linked perpetuals is still pending, with the SEC's customer-margin proposal withdrawn.