Cboe Global Markets and Citadel Securities have filed a lawsuit to overturn the Commodity Futures Trading Commission's (CFTC) recent approval of stock perpetual futures for U.S. exchanges. They argue these contracts should be classified as security-based swaps, which would restrict their sale to fully registered securities exchanges under SEC oversight. The lawsuit targets the approval process and could halt trading on U.S. platforms like Coinbase and Bitnomial, potentially benefiting offshore players like Hyperliquid. This legal challenge raises uncertainty about the future of stock perpetual futures in the U.S. market and highlights regulatory tensions between the CFTC and SEC.
Cboe Global Markets shares trade at USD 340.36, down 1.14% as of Nov 05, 2026 01:21 WIB on Pluang. Coinbase Global is up 5.04% at USD 152.78 with a market cap of $38.51B. The lawsuit may impact trading dynamics for these firms amid regulatory uncertainty.
Last week, equity markets experienced a sell-off driven by disappointing earnings from the Technology sector, with the SPX Index falling 1.8% and the QQQ down 3.5%. Despite this, implied volatility in options markets remained relatively muted, indica...
CBOE Global Markets has been upgraded from Hold to Buy following its strong Q3 performance, with adjusted earnings per share up 36% year-over-year and net revenue rising 17.5%, driven by growth in options trading. The stock currently trades at about ...
