From Perpetual Swaps to Perpetual CFDs: The Regulated Evolution
The Block·
60-second summary
The shift towards perpetual swaps and CFDs is underway, driven by the 24/7 trading imperative and the need to accommodate the global retail base. Fixed exchange sessions, like the NYSE's 9:30 a.m. to 4:00 p.m. Eastern window, no longer align with modern market demands. This structural mismatch is prompting a regulated evolution towards more flexible and accessible financial products.
The 24/7 Trading Imperative Fixed exchange sessions are a structural mismatch with the global retail base. The NYSE opens at 9:30 a.m. Eastern and closes at 4:00 p.m., a window designed for an era when the participant base was concentrated in a single geography and order flow was physically intermediated. That assumption has shifted as […]