In brief
- CME Group said it will launch 24/7 crypto futures and options trading on May 29.
- CFTC chair Mike Selig signaled support for nonstop crypto markets, calling them a “no-brainer.”
- Securities exchanges like Nasdaq and the NYSE are similarly eyeing around-the-clock stock trading.
CME Group, the world’s top derivatives marketplace, announced Thursday it will launch 24/7 crypto futures and options trading in late May.
The move comes as some of Wall Street’s biggest players seek to similarly make stock trading nonstop.
Beginning on the afternoon of May 29, all CME crypto futures and options will trade continuously, with at least a two-hour weekly maintenance break over the weekend. Previously, such products traded 23 hours a day on…
