CFTC Blocks CME Bid for 24/7 Oil Futures Trading

Hyperdash NewsCommodities

The Commodity Futures Trading Commission (CFTC) has rejected CME's proposal to allow 24/7 trading for oil futures. This decision prevents investors from accessing continuous trading in key energy derivatives.

The CFTC's move could affect liquidity and price discovery within oil markets by limiting continuous trading opportunities. This outcome follows CME's attempt to expand trading hours for these instruments.

WTI Crude has gained +0.01% and Brent Crude 0.01% on Hyperdash.

SourcesBloomberg

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