Description
Perpetual futures have quietly become one of the most traded derivatives instruments in the world, yet most of traditional finance still doesn't fully understand them. Sitting between CFDs and dated futures, perps offer continuous exposure, transparent price formation, and capital efficiency that is increasingly attracting institutional attention beyond their crypto-native roots. But growth brings hard questions. What does proper market governance look like when liquidation cascades can wipe out hundreds of millions in minutes? How do regulated venues build infrastructure that protects participants without sacrificing the speed and accessibility that made perps compelling in the first place? And as demand grows for perps on equities, indices, and macro products. How far can this market structure scale?. Moderated by John Motzel of Kaiko, this panel features JJ Kinahan of CBOE and Josh Barraclough of One Trading; two operators with distinct approaches to clearing, regulation, and product design. In a candid conversation about what perpetual futures are, what they're becoming, and what the rest of the market needs to understand about them.
