CME Group Announces Launch of 24/7 Cryptocurrency Futures and Options Trading
Over its inaugural weekend, more than 7,200 Cryptocurrency futures and options contracts were traded (
"By offering continuous liquidity over the weekend, we are meeting client demand and bridging the gap between traditional regulated venues and the 24/7 nature of crypto assets," said
"Crypto is a 24/7 asset class, and this rollout by CME Group marks the first time our users will be able to trade regulated futures contracts at any hour of the day, any day of the week," said JB Mackenzie, VP and GM of Futures and International, Robinhood Markets. "This launch bridges the weekend gap between traditional derivatives and spot markets, giving our customers the continuous flexibility they need to react to market moves in real time."
"As an FCM supporting 24/7 cryptocurrency futures and options trading on CME Globex, Ripple Prime is purpose-built for always-on markets," said
"Wedbush has been actively serving clients on a 24/7 basis for over a year," said
Also starting today, Bitcoin Volatility futures are now available to trade 24/7. These first-of-their kind regulated products are designed to help investors manage risk and trade their view on the 30-day implied volatility of bitcoin, without taking a directional price position.
For more information, please visit www.cmegroup.com/crypto.
As the world's leading derivatives marketplace, CME Group (www.cmegroup.com) enables clients to trade futures, options, cash and OTC markets, optimize portfolios, and analyze data – empowering market participants worldwide to efficiently manage risk and capture opportunities. CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates, equity indexes, foreign exchange, cryptocurrencies, energy, agricultural products and metals. The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform. In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
CME Group, the Globe logo, CME, Chicago Mercantile Exchange, Globex, and E-mini are trademarks of Chicago Mercantile Exchange Inc. CBOT and Chicago Board of Trade are trademarks of Board of Trade of the
CME-G
View original content:https://www.prnewswire.com/news-releases/cme-group-announces-launch-of-247-cryptocurrency-futures-and-options-trading-302787513.html
SOURCE CME Group
