U.S. stock market hours may be headed for extinction as Coinbase seeks approval for 24/7 leveraged equity perps
AI Market Summary
Coinbase's filings with the SEC and CFTC to list 24/7 leveraged equity perpetuals as "security futures" signal a push to extend round-the-clock trading into regulated U.S. markets. If regulators engage positively, it could broaden Coinbase's addressable market beyond crypto, increase derivatives-related volumes, and intensify competitive pressure on traditional brokerages and exchanges. The key near-term driver is regulatory feasibility and approval timeline.
Impact level
● High
Affected assets
NCSKCOIN2USD/USDT+9.49%
AI Insight · NCSKCOIN2USD/USDTAI Insight
▲ Bullish
Trade now
⚠️ AI-generated insights are based on news content and are provided for informational purposes only. They do not constitute investment advice or represent the views of BingX. Investing involves risk. Please trade responsibly.
Traditional U.S. stock market hours may soon lose their relevance. Coinbase has submitted registration paperwork to the SEC and the CFTC to launch 24/7 leveraged equity perpetual contracts, labeling the products as "security futures". After introducing stock perpetuals tied to $NVDA, $TSLA, and $AAPL in international markets, $COIN is now aiming to bring round-the-clock equity trading to the U.S.
