Court-Driven Delay

CME’s existing litigation over perpetual futures creates a realistic path for a federal court or the CFTC to slow the single-stock filings. The products are not rejected outright, but the timetable slips while the court tests whether the contracts are lawful futures or off-exchange equity substitutes.

Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.