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Scott Melker: U.S. judge rejects Citadel and Cboe-backed bid to halt stock perpetuals

Scott Melker: U.S. judge rejects Citadel and Cboe-backed bid to halt stock perpetuals
U.S. judge rejects effort to block stock perps

A U.S. judge has rejected a bid backed by Citadel and Cboe to halt the introduction of stock perpetual contracts. However, the court indicated that the Commodity Futures Trading Commission (CFTC) likely lacked the authority to approve them.

Scott Melker, identified as an owner and content creator and linked at Scott Melker, shared this update.

Scott Melker has previously reported on regulatory and market developments in digital finance. He noted that validator support delays pushed back the Ripple XRP Ledger lending code update. Melker also covered Aviva Investors’ launch of a tokenized share class on the XRP Ledger for its £22B sterling fund.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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