CME Group Goes Live With 24/7 Crypto Futures And Options, Launches Bitcoin Volatility Contracts


CME Group, the world’s largest stock market, has launched 24/7 trading of cryptocurrency futures and optionswhich reflects the changing nature of advertising markets and the volatility of digital content.

Trading began at 4:00 pm Central Time on Friday, May 29, on the CME Globex platform. At the end of the opening weekend, 7,200 crypto futures and options changed hands, which made about $ 50 million in value – the CME statistics showed the importance of traders and institutions, CME Group. to release he said.

The move closes a gap that has long frustrated crypto traders. Under the previous policy, CME’s crypto exchanges were suspended at the end of the week, causing prices to stagnate while the real estate market moved and futures could not respond.

Now, with a continuous close schedule and a two-hour planning window at the end of each week, traders can react to market trends on an hourly basis.

“By offering continuous funding over the weekend, we are meeting client needs and bridging the gap between the regulated environment and the 24/7 nature of crypto assets,” said Tim McCourt, Global Head of Equities, FX and Alternative Products at CME Group. “Since we launched our first Bitcoin contract in 2017, the environment has changed in many ways.”