Prop firm news

Cboe and Citadel Securities sued the CFTC: judge questioned the regulator's authority

The Capital Markets Alliance Association, which includes Cboe Global Markets, Citadel Securities and Healthy Markets Association, challenged in federal court the CFTC's November 3 decision on perpetual futures on individual US stocks. The judge has already noted that the plaintiffs are likely to prevail.

Binance BTC funding rate turned negative — lowest in 9 months

The funding rate for Bitcoin perpetual futures on Binance dropped to about -0.00215, the lowest level since January. Negative funding indicates growing demand for shorts amid BTC's decline to $83,000 and below.

Robinhood launched perpetual crypto futures in the US: up to 10x leverage and 8 assets

Robinhood has begun rolling out perpetual crypto futures trading for clients in the US. At launch, 8 assets are available, leverage up to 10x, settlement every 15 minutes, and a 0.01% fee per trade until the end of the year.