CFTC Welcomes Public Comments on 24/7 Trading – Acting Chairman Says Agency Must Take ‘Forward-Looking’ Approach
2 min read
The Commodity Futures Trading Commission (CFTC) is asking the public to comment on the idea of allowing round-the-clock trading in derivatives markets. In a statement, the federal agency, which regulates the derivatives markets, says it is exploring the possibility of 24/7 trading to keep up with shifting financial trends. Says Acting Chairman Caroline Pham, “As I have long said, the CFTC must take a forward-looking approach to shifts in market structure to ensure our markets remain vibrant and resilient while protecting all participants. One evolving trend is the move to 24/7, 24/6, or 24/5 trading hours. I look forward to the public comments on this market innovation.” The agency is specifically seeking comments on the effects and risks of permitting trading at all hours of the day. “This request seeks comment on the implications of extending the trading of CFTC-regulated derivatives markets to an effectively 24/7 basis, including the potential effects on trading, clearing and risk management which differ from trading during current market hours. The request also seeks comment on the risks of 24/7 trading, and the associated clearing systems, including risks related to the areas of market integrity, customer protection or retail trading.” The agency will receive public comment until May 21st. Follow us on X , Facebook and Telegram Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post CFTC Welcomes Public Comments on 24/7 Trading – Acting Chairman Says Agency Must Take ‘Forward-Looking’ Approach appeared first on The Daily Hodl .

Source: The Daily Hodl