# ICE Reissues Trade[XYZ] U.S. Perpetuals Plan Pending Approval By John Kim Canonical URL: https://www.tokenpost.com/news/business/45467 Published: 2026-10-31T11:56:23.000Z Updated: 2026-10-31T11:56:23.000Z Section: Business > The retail venue would operate separately from ICE's institutional futures business. Distribution through an ICE and OKX joint venture would require separate U.S. approvals. Intercontinental Exchange (ICE) reissued its Trade[XYZ] partnership announcement after deleting an earlier post, emphasizing that its proposed U.S. Hyperliquid-based perpetuals market remains subject to regulatory approval. The venue would operate separately from ICE's institutional futures business. It would offer around-the-clock contracts tied to crypto, stocks, indexes, commodities and foreign exchange through regulated futures commission merchants. A potential distribution route is an ICE and OKX joint venture, but its use depends on approval as a U.S.-registered broker-dealer and futures commission merchant. The proposed market is designed to meet know-your-customer and anti-money-laundering requirements, while leveraged trading would also depend on regulatory approval. Under the agreement, ICE would be the [sole operator of Trade\[XYZ\]'s regulated markets](). Perpetual contracts have no expiration date. ## Links in this article - [sole operator of Trade XYZ 's regulated markets](https://www.tokenpost.com/news/business/44642)