CFTC Seeks Public Comment on 24/7 Trading of Standard Futures and Energy Perpetual Contracts

CoinFeed June 23 news, according to an official announcement, the U.S. Commodity Futures Trading Commission (CFTC) is formally seeking public comment on two developments related to energy derivatives markets: extending standard futures contracts to 24-hour, 7-day-a-week trading, and the possibility of listing perpetual contracts based on physically deliverable or storable energy commodities (such as crude oil). CFTC Chairman Michael S. Selig stated that this move aims to gather a clear, data-driven record to better understand the impact of these developments, supporting responsible innovation while maintaining market protections against manipulation and disruption. The comment solicitation is divided into two parts: one on extending standard futures contracts to 24/7 trading with fixed expiration dates unchanged, and the other on perpetual contracts involving physically deliverable energy commodities. Comments must be submitted within 30 days after publication in the Federal Register.