CME Group to Launch Nonstop Crypto Trading
- CME Group will initiate crypto futures and options trading around the clock starting May 29.
- The CFTC chair, Mike Selig, endorsed the move, highlighting its suitability for crypto markets.
- This transition aligns with efforts by Nasdaq and NYSE to enable continuous stock trading.
CME Group’s decision to offer nonstop trading of crypto futures and options reflects a growing trend in financial markets towards continuous operation, supported by key industry figures like CFTC chair Mike Selig. This change allows institutional investors more flexibility in managing their positions during volatile periods.
Starting May, CME’s new schedule will eliminate the weekend closure gap for crypto derivatives, aligning with broader market shifts towards nonstop trading. (Source)
