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OG.com files with the CFTC to launch cash-settled stock perpetuals
The company, spun out of Crypto.com, is asking to list perpetual single-stock futures with trading available 24 hours a day, five days a week.
OG.com Markets has filed with the US Commodity Futures Trading Commission to seek approval to offer perpetual futures tied to individual stocks, according to Cointelegraph.
In the Thursday filing, the platform proposed rules for cash-settled single-stock futures that never expire and can trade 24 hours a day, five days a week.
Cointelegraph also said the effort comes after OG.com was spun out of crypto exchange Crypto.com as an independent prediction markets and derivatives platform valued at $5 billion.
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