Overview
- The target start date is Nov. 10 on Cboe Futures Exchange, subject to regulatory approval.
- Cboe’s Continuous futures are single contracts with 10-year expirations to minimize position rolling.
- Settlement occurs in dollars and positions are adjusted each day through a transparent funding-rate mechanism tied to spot prices.
- The contracts will clear through Cboe Clear U.S., a CFTC-regulated derivatives clearing organization.
- Cboe positions the product as a U.S.-regulated alternative to offshore perpetuals for institutional and retail traders, with public education sessions set for Oct. 30 and Nov. 20.