CFTC seeks opinions on 24/7 futures trading and perpetual contracts for energy derivatives in the United States

According to official announcements, the US Commodity Futures Trading Commission (CFTC) is soliciting public opinions on the development of two energy derivatives markets: one is to extend standard futures contracts to 24/7 trading, and the other is to list perpetual contracts based on physical delivery or storable energy commodities. CFTC Chairman Michael S. Selig stated that this move aims to collect data-driven records to understand the impact of development, while supporting responsible innovation and safeguarding the market from manipulation and interference. The solicitation of opinions is divided into two parts: 24/7 trading of standard futures contracts and perpetual contracts for physically delivered energy commodities. Opinions must be submitted within 30 days after publication in the Federal Register.