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Crypto is winning the race to own oil trading after hours as Wintermute launches 24/7 trading

Crypto is winning the race to own oil trading after hours as Wintermute launches 24/7 trading

For decades, the oil market moved on a very familiar and very predictable schedule. The biggest signals came from legacy futures venues; traders knew where the deepest pools of liquidity were and when they’d come alive.

But, like almost everything else, oil too hasn’t been immune to the modern market’s hunger.

Its rhythm has started to break as war pushed energy onto a much different kind of schedule.

Headlines are now landing at unexpected hours, risk is building on weekends, and an announcement from Washington can send crude surging hours before exchanges are open for business.

As those gaps kept widening, crypto companies saw an opportunity that was too good to miss out on: 24/7 oil trading.

While this has been in the works for…

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