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Kalshi Files Proposal for Never-Expiring Oil Contract With CFTC

Bloomberg Markets Wednesday 07 October 2026, 13:10 UTC By Mia Gindis 1 min read
Key Points

Kalshi Files Proposal for Never-Expiring Oil Contract With CFTC Kalshi Inc. has filed a proposal for an oil-linked futures contract that never expires with the Commodity Futures Trading Commission, according to the company. If approved, the contract, tied to the West Texas Intermediate benchmark, would be the first crude-linked perpetual future to trade on a regulated US platform. The CFTC has 45 days to approve or disallow the product.

Kalshi Files Proposal for Never-Expiring Oil Contract With CFTC Kalshi Inc. has filed a proposal for an oil-linked futures contract that never expires with the Commodity Futures Trading Commission, according to the company. If approved, the contract, tied to the West Texas Intermediate benchmark, would be the first crude-linked perpetual future to trade on a regulated US platform. The CFTC has 45 days to approve or disallow the product. Perpetual futures, known as perps, can’t be self-certified by exchanges like other event contracts, given the regulatory scrutiny surrounding them.
Kalshi (PERSON) CFTC (ORG) CFTC Kalshi Inc. (ORG) the Commodity Futures Trading Commission (ORG) US (LOCATION)
Originally published by Bloomberg Markets Read original →

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