SEC lifts final barrier to single-stock futures trading

Paul Lyon
25 Jul 2002

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

SSFs, which are contractual agreements to buy or sell shares of an individual company at a given price on a set future date, could start trading as early as September, according to James Newsome, CFTC chairman. Both the SEC and the CFTC agreed to set minimum margin levels at 20% of current market value.

Two years ago, the US Congress lifted a 20-year ban on SSF trading, authorising trading to commence from August 21, 2001. But work on implementing a regulatory framework, particularly on

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 [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to print this content. Please contact [email protected] to find out more.

You are currently unable to copy this content. Please contact [email protected] to find out more.

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Start a Risk.net Trial

You are currently on corporate access.