OG.com Files for CFTC Approval to Offer Single-Stock Perpetual Futures

OG.com Markets has submitted a filing to the U.S. Commodity Futures Trading Commission (CFTC) requesting permission to list cash‑settled, single‑stock perpetual futures. The proposed contracts would have no expiration date and would trade continuously from Monday to Friday.

Regulatory filing details

The Thursday filing outlines new rules that would allow OG.com to list these perpetual futures, which settle in cash and remain open indefinitely. The platform aims to operate the contracts on a 24‑hour, five‑day schedule.

Background on OG.com

OG.com was recently spun out of Crypto.com as an independent prediction‑market and derivatives platform valued at $5 billion. CEO Kris Marszalek indicated plans to expand beyond prediction markets into futures and perpetual contracts. Shortly after the spin‑off, Robinhood acquired an equity stake in OG.com as part of a multi‑year agreement to use its CFTC‑regulated derivatives exchange and clearinghouse.

Industry context

OG.com joins a growing list of U.S. platforms seeking to bring perpetual futures to equity markets. Earlier in September, Coinbase, Kraken’s parent Payward (via its Bitnomial exchange), and prediction‑market operator Kalshi each filed similar requests with the CFTC.

Regulatory developments have been supportive of such products. In May, the CFTC introduced a case‑by‑case review process for perpetual contracts and approved Kalshi’s Bitcoin perpetual futures. In June, the agency granted temporary relief allowing certain registered exchanges to convert existing crypto futures into contracts without expiration dates.

Potential impact

If approved, OG.com’s single‑stock perpetual futures would give traders continuous exposure to individual U.S. equities without the need to roll contracts. The product, originally pioneered in the crypto space by BitMEX in 2016, could broaden the range of derivative tools available to U.S. investors.