‘I don't want casinos in exchanges’ - CME's Duffy warns on perpetual futures

4th June, 2026

Zak Jakubowski
Terry Duffy

CME Group chairman and chief executive Terry Duffy has criticised the growing use of perpetual futures contracts, arguing the products encourage excessive leverage, distort pricing and "incite bad behaviour" among market participants.

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ABN AMRO
Bank of America
CBOE
Citi
Goldman Sachs
DRW Holdings
HSBC
J.P Morgan
Marex
Morgan Stanley
SGX
SocGen
Susquehanna
MUFG Investor Services
TP ICAP

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