Crypto
Coinbase Seeks Regulatory OK for Single-Stock Perpetuals in US
Coinbase is expanding its U.S. derivatives business by pursuing regulatory approval for single-stock perpetual contracts.
The crypto exchange filed two SEC notices on Sept. 1, covering its derivatives exchange and brokerage operations.
Coinbase Derivatives filed Form 1-N with the SEC for its exchange operations, while Coinbase Financial Markets filed Form BD-N for its brokerage business.
This move could give U.S. traders leveraged exposure to individual stocks without owning the underlying shares.