CME Group announced that, subject to regulatory approval, it will transition to 24/7 continuous trading in cryptocurrency futures and options products starting May 29.
According to the company’s statement, the new system will begin on Friday, May 29th, and transactions will be continuously processed through the CME Globex platform. A maintenance break of at least two hours will be implemented weekly on weekends. Holiday and weekend transactions from Friday evening to Sunday evening will be counted towards the next business day; clearing, settlement, and regulatory reporting will also be completed on the following business day.
CME Group stated that customer demand for risk management in the digital asset market has reached an all-time high. The company announced that the total nominal trading volume in cryptocurrency futures and options products will reach $3 trillion in 2025.
Tim McCourt, Global Head of Equities, Foreign Exchange and Alternatives at CME Group, stated, “Demand for risk management in the digital asset market is at its peak. Not every market is suitable for 24/7 trading; however, providing continuous access to our regulated and transparent crypto products enables our clients to manage their exposure securely at any time.”
*This is not investment advice.