CME CEO Terry Duffy Warns: New Perpetual Futures Could Be a Disaster Waiting to Happen
AI News Flash: CME CEO Terry Duffy has publicly warned that US regulators approving perpetual futures contracts for domestic listing could trigger severe market risks. He highlighted two major concerns: retail investors may face liquidation losses due to insufficient understanding of perpetual contract mechanics; and these products inherently allow extremely high leverage, which could destabilize the entire market during extreme volatility…