CFTC approves use of single-stock futures

The CFTC voted unanimously to approve customer margin rules - the amount of capital retail investors need to deposit with a broker to facilitate the trading of SSFs.

Commenting on the vote, CFTC chairman James Newsome said although it was important to complete the process in a timely manner, it was equally important that the rules were right and would function well in the market-place. “I think we have struck the appropriate balance,” said Newsome.

Two years ago the US Congress lifted a 20-year ban on the trading of security futures – single-stock futures and index-based equity futures. But the need for approval by two regulators, the CFTC and the Securities and Exchange Commission (SEC), means actual trading is yet to take place.

The SEC is still to approve the use of single-stock futures and has not given a date for when this will happen. But SEC approval is expected in the coming months.

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here