Wall Street sounds the alarm as Washington brings perpetual futures onshore
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5 Articles
The traditional stock exchanges warn that these contracts, which allow to operate 24 hours and use high levels of leverage, could introduce new risks in a market that moves billions of dollars.The Wall Street entrance alerts to the risks of the perpetual futures that Trump seeks to bring to the US was first published on Ultima Cable - World News.
Trump administration’s embrace of “perp” futures sets off risk alarms for Wall Street stalwarts
NEW YORK, November 9 : The Trump administration’s push to bring novel offshore perpetual futures to the US is raising alarms, according to interviews with four executives at incumbent exchanges and other key market participants who warned that the products will introduce serious new risks to the multitrillion-dollar derivatives market. Pioneered in non-US crypto markets, perpetual futures, or […]
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