CFTC Seeks Comment on 24/7 Trading of Standard Futures and Perpetual Contracts on Physically Delivered Energy Commodities

The CFTC said on June 22 it issued a request for comment covering two related developments in energy derivatives markets, per the commission's press release.

The first item is the extension of standard futures contracts to 24/7 trading. The second is the potential listing of perpetual contracts referencing physically delivered or storable energy commodities such as crude oil, per the release. Perpetual contracts, a structure without fixed expiry, have to date been associated mainly with crypto markets rather than physically settled commodities.

Both items were framed as seeking public input, per the commission — a request for comment is an information-gathering step, not a rule proposal. Comment deadlines, the specific questions posed and any subsequent rulemaking path were not carried in the feed and remain unverified here.