Critics say perps are all froth. The numbers suggest otherwise

Healthy open interest in perpetual futures with TradFi underlyings could threaten incumbent exchanges like CME and Eurex Terry Duffy is a worried man. At least, his recent statements on perpetual futures would suggest as much.The chief of derivatives exchange giant CME is worried that the expiry-less instruments pose a systemic risk to the financial system, describing their high leverage as a “disaster waiting to happen” at an industry conference last June.But he’s also worried that the runaway growth of the upstart 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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe You are currently unable to print this content. Please contact info@risk.net to find out more. You are currently unable to copy this content. Please contact info@risk.net to find out more. Copyright Infopro Digital Limited. All rights reserved.You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.If you would like to purchase additional rights please email info@risk.net Sorry, our subscription options are not loading right now Please try again later. Get in touch with our customer services team if this issue persists. New to Risk.net? View our subscription options If you already have an account, please sign in here. Most read articles loading... Back to Top