PANews reported on October 2 that according to Bloomberg reporter Walter, the Chicago Mercantile Exchange (CME) plans to provide 24/7 trading services for its cryptocurrency futures products.
The move marks a further move by the traditional financial giant, CME, toward a trading model aligned with crypto-native markets. Currently, CME's crypto futures trading is interrupted on weekends. Moving to 24/7 trading will eliminate the price "gap" risk faced by traders and enable CME to better compete with crypto-native derivatives exchanges that offer 24/7 trading.