CME Group plans to launch 24/7 trading crude oil and gold contracts.

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According to TechFlow TechFlow, on June 12, the CME Group announced that, following regulatory review, it will offer 24/7 trading services for new, smaller-sized crude oil and gold contracts. The new crude oil contracts will be one-tenth the size of CME Group's existing micro-WTI crude oil futures contracts and will launch on August 30. 24-hour trading of the company's existing 1-ounce gold futures contracts will begin on July 26.

"In the face of geopolitical uncertainty, we offer appropriately sized, regulated products available 24/7 to ensure traders can manage their risk exposure whenever news breaks," said Derek Sammann, global head of commodities markets at CME Group. (Jinshi)

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