In brief
- CME Group said it will launch 24/7 crypto futures and options trading on May 29.
- CFTC chair Mike Selig signaled support for nonstop crypto markets, calling them a “no-brainer.”
- Securities exchanges like Nasdaq and the NYSE are similarly eyeing around-the-clock stock trading.
CME Group, the world’s top derivatives marketplace, announced Thursday it will launch 24/7 crypto futures and options trading in late May.
The move comes as some of Wall Street’s biggest players seek to similarly make stock trading nonstop.
Beginning on the afternoon of May 29, all CME crypto futures and options will trade continuously, with at least a two-hour weekly maintenance break over the weekend. Previously, such products traded 23 hours a day on weekdays, with a closure gap between Friday afternoon and Sunday evening.
After May 29, trading will be possible in that Friday to Sunday period, but the transactions will have a trade date of the following business day. Clearing, settlement, and reporting will also be processed the following business day.
"While not all markets lend themselves to operating 24/7, providing always-on access to our regulated, transparent cryptocurrency products ensures clients can manage their exposure and trade with confidence at any time,” Tim McCourt, CME’s global head of equities, FX, and alternative products, said in a statement.
CME noted that the shift is pending regulatory review. But onstage at the Trump family’s World Liberty Forum at Mar-a-Lago yesterday, CFTC chair Mike Selig expressed his support for 24/7 crypto trading.
Selig said 24/7 markets may not be the right fit for certain agricultural commodities, like wheat and corn, but are ideal for crypto.
“I will say in certain asset classes, it can create some friction,” he said. “It’s not a one-size-fits-all, but there are certain markets where it’s a no-brainer.”
CME announced earlier this month on a quarterly earnings call that it was exploring 24/7 crypto trading, reiterating a plan that has been in the works since at least October.
The adjustment, if approved, would allow institutional investors to change their crypto positions during moments of volatility in the digital assets market outside of standard trading hours. The 24/7 crypto market, unrestrained by any one company’s closure, often experiences huge swings during the weekend.
CME’s move comes as Wall Street also looks to embrace nonstop trading, a transition encouraged and partially fostered by the crypto industry.
Onstage at the same Mar-a-Lago event where the CFTC chair spoke yesterday, the CEOs of Nasdaq and the New York Stock Exchange both said they are working quickly to enable stock trading 24 hours a day, seven days a week—with crypto playing a central role. The NYSE is currently developing an in-house, on-chain platform for the 24/7 settlement of tokenized stocks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Liquidations across the entire network totaled $250 million in the past 24 hours, with long positions accounting for nearly 80% of the total.
Gate News reported that on March 23, according to CoinAnk data, the entire network experienced $250 million in liquidations over the past 24 hours, of which long positions accounted for approximately $194 million in liquidations and short positions accounted for approximately $55.92 million in liquidations. By cryptocurrency, Bitcoin liquidations were approximately $77.92 million and Ethereum liquidations were approximately $49.09 million.
GateNews2h ago
Data: BTC breaks through $71,421, and the liquidation strength of mainstream CEX short positions will reach $1.27 billion.
Gate News reported that on March 23, according to Coinglass data, if BTC breaks through $71,421, the cumulative short liquidation strength across mainstream CEXs will reach $1.27 billion. Conversely, if BTC falls below $64,705, the cumulative long liquidation strength across mainstream CEXs will reach $758 million.
GateNews2h ago
XRP Open Interest Drops 75%, But Stablecoin Fragmentation Intensifies XRP Bridge Demand
XRP open interest declined approximately 75%, indicating that leveraged traders are exiting the market, but stablecoin fragmentation may increase bridge demand for XRP. Evernorth Holdings' IPO application demonstrates that institutions still view XRP's long-term value positively. The overall market faces macroeconomic pressure, with weak short-term momentum structure.
MarketWhisper2h ago
XRP Today's News: SOPR Approaching Historical Signal of 1, Bottom Signal Emerging
XRP has continued to underperform since the start of the year, failing to attract market capital, with current trading prices below major moving averages. SOPR and NUPL indicators show bottom signals, but these are only probabilistic characteristics. $1.51 serves as a near-term bullish-bearish dividing line, with breakouts potentially triggering a bullish rebound. The market maintains a cautious stance on XRP's short-term strong rebound, with the probability of returning to $2 at only 5%.
MarketWhisper3h ago
ETH 15-minute Rally 0.91%: On-chain Liquidity Enhancement and Short Covering Drive Market
Between 2026-03-23 02:15 and 02:30 (UTC), ETH price rallied rapidly within the 2047.53 to 2070.28 USDT range, with 15-minute returns reaching +0.91% and volatility of 1.11%. Market fluctuations intensified during this time window, with increased attention, synchronized expansion in spot and derivatives trading volumes, and evident short-term long/short positioning battles.
The primary driver of this price movement was recent on-chain large-scale stablecoin (USDC/USDT) minting events boosting liquidity, particularly approximately $1.6 billion in capital inflows on-chain around March 16, supporting mainstream
GateNews4h ago
BTC rises 0.61% in 15 minutes: Whale fund inflows superimposed with futures premium resonance driving
Between 2026-03-23 02:15 and 2026-03-23 02:30 (UTC), BTC yield recorded +0.61%, with prices fluctuating between 67807.1 and 68304.9 USDT, representing a volatility of 0.73%. During this short-term volatility period, market trading activity was robust, with enhanced linkage between spot and futures markets, and sustained volume increase in core trading zones, attracting market attention.
The primary driver of this volatility was significant capital inflow from on-chain whale wallets to exchanges during the window period, with approximately 17,184 BTC flowing in within a short timeframe, marking a new monthly high. M
GateNews4h ago
