Crypto.com registers with SEC to trade single-stock futures, eyes perpetuals next

2 min read
Crypto.com registers with SEC to trade single-stock futures, eyes perpetuals next
PrimeXBT Editorial Team
Reviewed by PrimeXBT

Topics in article

Crypto.com's U.S. derivatives exchange, Nadex, has registered with the SEC to trade security futures products through OG.com. CEO Kris Marszalek said the move clears the way for single-stock futures in the U.S. and that the company is also working with regulators on single-stock perpetual futures.

Crypto.com's U.S.-regulated derivatives exchange, North American Derivatives Exchange, has registered with the Securities and Exchange Commission to trade security futures products through OG.com. CEO Kris Marszalek said the registration authorizes the company to bring single-stock futures to the U.S. market, and that it is also working with regulators on single-stock perpetual futures.

SEC acknowledges the filing

The SEC acknowledged Nadex's registration filing on Sept. 16, two days after the exchange submitted it, with the registration taking effect immediately. The company is separately seeking approval to offer single-stock perps, perpetual futures contracts without a fixed expiration date. Marszalek said on X that Crypto.com is working with the SEC and the Commodity Futures Trading Commission to bring single-stock perps to the U.S., combining digital-asset market innovations with U.S. capital markets.

US exchanges pursue stock perpetual futures

Crypto.com is not alone in the push. Coinbase filed its own notice registration earlier this month as it also seeks to list equity perpetual futures in the U.S. Coinbase Chief Policy Officer Faryar Shirzad said the exchange would also need sign-off from the CFTC.

Nadex operates under OG.com and is registered with the CFTC as a designated contract market and derivatives clearing organization. Earlier this month, Robinhood struck a deal with Crypto.com and OG.com to route a selection of event contracts through OG.com, starting with football markets. Robinhood also agreed to take equity stakes in Crypto.com and OG.com following the latter's spin-off as an independent trading platform.

Sources: SEC, The Block

Trading involves risk.

Most traded markets

XAU / USD
+2.45% 4,368.22
BRENT
-2.39% 104.061
BTC / USD
+1.54% 76,660.5
EUR / USD
+0.26% 1.14920
USTEC
+1.51% 29,394.90
GOOG
+0.06% 341.66
View all markets

Author

PrimeXBT
Our Editorial Team consists of leading experts with a proven record in the fields of trading, cryptocurrencies, blockchain and finance. We thoroughly research the sources of information in order to provide readers with quality content that serves edu...
Read author’s articles
Alert Triangle Risk Disclaimer
Disclaimer: Some past publications may be outdated. We recommend following our news to stay up to date with the latest information. For any questions, feel free to contact our support team via the chat below.
The content provided here is for informational purposes only. It is not intended as personal investment advice and does not constitute a solicitation or invitation to engage in any financial transactions, investments, or related activities. Past performance is not a reliable indicator of future results.
The financial products offered by the Company are complex and come with a high risk of losing money rapidly due to leverage. These products may not be suitable for all investors. Before engaging, you should consider whether you understand how these leveraged products work and whether you can afford the high risk of losing your money.
The Company does not accept clients from the Restricted Jurisdictions as indicated in our website/ T&C. Some services or products may not be available in your jurisdiction.
The applicable legal entity and its respective products and services depend on the client’s country of residence and the entity with which the client has established a contractual relationship during registration.

Today in markets

Browse Crypto News

Register Now

Trading involves risk

Get started in minutes

Our clients love how fast and simple our sign-up is. It takes just a few minutes to get started!

Get Started Get Started
Get started in minutes

Need Help?

Risk Warning:
Trading in leveraged products carries a high level of risk and may not be suitable for all investors.