CME CEO Duffy says new perpetual futures could be ‘disaster waiting to happen’

60-second summary

CME CEO Terry Duffy warns that new U.S.-approved perpetual futures could be a 'disaster waiting to happen', citing concerns over retail blowouts and excessive leverage exposure. He emphasizes the need for strict regulations to prevent potential market instability. This warning highlights the ongoing debate on the risks and benefits of perpetual futures, sparking concerns about market volatility.