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CME Group crypto futures go 24/7 as first weekend volume hits $50M

CME Group crypto futures go 24/7 as first weekend volume hits $50M

CME Group has drawn about $50 million in notional volume during the first weekend of its new 24/7 cryptocurrency futures and options trading service.

Summary

  • CME Group recorded about $50 million in notional trading volume during the first weekend of its 24/7 crypto derivatives market.
  • More than 7,200 cryptocurrency futures and options contracts traded after round-the-clock access began on May 29.
  • The launch allows traders to manage positions in regulated crypto derivatives on weekends and holidays.

According to CME Group’s official update, more than 7,200 crypto futures and options contracts changed hands after round-the-clock trading began on May 29. The launch…

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