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Lawmakers concerned about 24/7 trading, prediction markets (www.thefencepost.com)

submitted 2 weeks ago* (last edited 2 weeks ago) by supersquirrel@sopuli.xyz to c/usa@midwest.social

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Members of the House Agriculture Committee told Commodity Futures Trading Commission Chairman Michael Selig on Thursday that they are concerned that commodity trading 24 hours a day seven days a week “could force producers into round-the-clock risk management, increase margin pressure, and potentially destabilize farm finances if applied broadly to agricultural markets,” DTN/Progressive Farmer reported after the hearing.

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