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5 months ago

CME Group is considering 24/7 trading access to traders

CME Group, a major derivatives exchange, is considering offering 24/7 trading access to its users, driven by increasing demand. Currently, trading is only available from Sunday evening to Friday evening with a daily one-hour maintenance break. While CME is expanding its crypto offerings with derivatives tied to Solana and XRP, focusing on cryptocurrencies with clear use cases, it intends to avoid listing meme coin related products due to the lack of underlying use case. CME's Solana Futures, launched in March, have already seen nearly $5 billion in total trading volume, and XRP futures launched in May are approaching $2 billion. In contrast to CME's stance, many crypto exchanges quickly listed the Trump meme coin, sometimes within 48 hours, prioritizing it over other established meme coins despite typical risk assessments.

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