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Kalshi files WTI crude oil perpetual contract with the CFTC as a CME-backed coalition moves to block it, Prediction Authority reports
- Kalshi files WTI crude oil perpetual contract with the CFTC as a CME-backed coalition moves to block it, Prediction Authority reports — Prediction Authority reported Kalshi filed its WTIPERP perpetual WTI crude oil contract with the CFTC on October 20, a cash-settled contract of 100 barrels with no expiration that is listed as approval pending in a 45-day review window. The Commodity Markets Council, whose members include CME Group, NYMEX and ICE Futures U.S., sent a formal letter urging the CFTC to withhold approval, citing market integrity concerns. (Prediction Authority)
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