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CME Group CEO Terry Duffy Discusses Derivatives Markets and Crypto
CME Group CEO Terry Duffy has expressed concerns about the evolving landscape of derivatives markets, particularly prediction markets, perpetual futures, and 24/7 trading. He argues that these products are increasingly hard to distinguish from event products that look like bets, and he wants stronger oversight. In June 2026, CME Group sued the CFTC over the regulator's approval of Bitcoin perpetual futures, which CME Group argues function like swaps under Dodd-Frank. CME Group also launched 24/7 trading for its crypto future in May 2026.