Unpacking 24/7 Crypto Trading: What Does It Mean for the Market?
The recent launch of 24/7 cryptocurrency trading by CME Group is a pivotal development in the financial world. What does this mean for market accessibility and liquidity?
CME’s 24/7 crypto trading initiative comes in response to rising client demand and unprecedented institutional participation. This continuous trading model facilitates around-the-clock access to cryptocurrencies, enhancing liquidity and allowing participants to manage their risk exposure more effectively.
Tim McCourt, CME’s Global Head of Equities, FX, and Alternative Products, highlights the need for all-day risk management in today’s market. This change brings about improved trading flexibility for institutions and new considerations for managing volatility in a…