CFTC halts CME bid for 24/7 crude oil futures
Covered by 2 sources · 3 articles
2 outlets - including Cryptobriefing and Crypto - are covering this story. CME Group has faced a regulatory setback after the U.S. Commodity Futures Trading Commission delayed the immediate launch of its planned 24/7 crude oil futures trading. According to a press release issued by the U.S. Commodity Futures Tradi…
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CME Group hits CFTC roadblock as 24/7 crude futures face delay
CME Group has faced a regulatory setback after the U.S. Commodity Futures Trading Commission delayed the immediate launch of its planned 24/7 crude oil futures trading. According to a press release issued by the U.S. Commodity Futures Tradi…
CFTC chair calls CME’s self-certified 24/7 crude oil futures trading ‘wholly inappropriate’
CFTC Chairman Michael Selig stayed CME Group's self-certified 24/7 crude oil futures contract one day before launch, calling the move 'wholly The post CFTC chair calls CME’s self-certified 24/7 crude oil futures trading ‘wholly inappropriat…
CFTC halts CME bid for 24/7 crude oil futures
The CFTC's decision underscores the need for thorough regulatory scrutiny in adapting traditional markets to continuous trading models.