CME Will Make Crypto Derivatives Trading 24/7 in May as Wall Street Eyes Similar Goal
CME Group will launch 24/7 trading for crypto futures and options starting May 29, expanding from its previous schedule of 23 hours per weekday and closing on weekends. The new system will allow trading through weekends, with settlements, clearing, and reporting processed on the next business day. There will be a short weekly maintenance break. This change is pending regulatory approval, but CFTC chair Mike Selig has expressed support, describing 24/7 trading as a good fit for crypto assets. The move allows institutional investors to respond to market volatility outside traditional hours and reflects a larger trend on Wall Street toward nonstop trading, influenced by the crypto sector. Nasdaq and the NYSE are also working on enabling 24/7 stock trading, with NYSE developing a platform for round-the-clock settlement of tokenized stocks.
