KalshiEX has filed proposed listing standards for perpetual security futures tied to 58 stocks and ETFs. The proposal was published on September 18 under SEC File No. SR-KALSHIEX-2026-02. The products are not yet live, and CFTC approval is still pending. KalshiEX is seeking regulatory clearance for a product that would bring crypto-style perpetual futures mechanics into the US equity market. A rule filing published by the SEC under File No. SR-KALSHIEX-2026-02 proposes listing standards for perpetual security futures tied to 58 stocks and exchange-traded funds.
Kalshi Targets Perpetual Exposure to Equities
Perpetual futures are already a core part of crypto trading, where contracts can remain open without a fixed expiration date and use funding mechanisms to keep prices aligned with the underlying market. Applying a similar structure to US-listed stocks and ETFs would be a significant expansion of that model. Kalshi’s filing establishes the proposed framework, but it does not make the contracts available for trading immediately. The document explicitly notes that the CFTC has not yet approved the proposed rule change.
Filing Is a Regulatory Step, Not a Product Launch
That status is the most important limitation. The products are not live, and the September 18 filing should not be presented as evidence that US equity perpetuals have already started trading on Kalshi. Instead, the filing gives regulators and market participants a formal proposal to review. If ultimately approved, the structure could blur some of the traditional boundaries between prediction-market infrastructure, derivatives exchanges, and crypto-style perpetual trading. For now, however, the confirmed story is procedural: KalshiEX has proposed perpetual security futures linked to 58 stocks and ETFs, and regulatory approval remains pending.
This article was written by the News Desk and edited by Samuel Rae. Source: Primary Source
Frequently Asked Questions
FAQs Kalshis Filing to Offer Perpetual Futures for US Stocks and ETFs
1 What did Kalshi just file for
Kalshi filed with regulators to offer perpetual futures contracts tied to US stocks and ETFs
2 What is a perpetual future
Its a futures contract with no expiration date You can hold the position as long as you want unlike standard futures that settle on a set date
3 How is this different from regular futures
Regular futures expire on a specific date Perpetuals never expire so theres no need to roll your position over to a new contract
4 Who is Kalshi
Kalshi is a USregulated prediction market and exchange Its known for letting people trade on event outcomes and its regulated by the CFTC
5 Is Kalshi regulated
Yes Kalshi is regulated by the Commodity Futures Trading Commission which oversees futures and derivatives markets in the US
6 Whats the benefit of perpetual futures on stocks
You get continuous exposure to a stock or ETF without managing expiration dates or rolling contracts It can also be more capitalefficient than buying shares outright
7 Can I trade these right now
No Kalshi has only filed to offer them The products still need regulatory approval before trading can begin
8 Whats the difference between this and buying the actual stock
With perpetual futures you dont own the stock Youre trading a contract that tracks its price often with leverage and you dont get dividends or voting rights
9 Do I get dividends with these contracts
Typically no Perpetual futures track price not ownership so dividend treatment depends on how the contract is structured
10 What is funding rate
Many perpetual futures use a periodic funding rate payment between buyers and sellers to keep the contract price close to the underlying stock price Its a key cost to watch
11 How does leverage work here
Leverage lets you control a larger position with less money It amplifies both gains and losses so its risky if youre not careful
12 What are the main risks
Leverage risk funding costs liquidation if your position moves against you and the fact that