Key facts
- CME Group launched 24/7 trading for crypto futures and options on May 29.
- Over 7,200 contracts were traded in the first weekend.
- The notional value traded in the first weekend was approximately $50 million.
- Ripple Prime is a day-one clearing partner for these offerings.
- The extended schedule aims to match the always-on nature of digital asset markets.
CME Group has launched 24/7 trading for its cryptocurrency futures and options, a move that saw over 7,200 contracts traded with a notional value of approximately $50 million in its opening weekend. Ripple Prime is acting as a day-one clearing and financing partner, enabling settlement and margin support outside traditional banking hours. This expansion addresses the global, round-the-clock nature of digital asset markets, providing continuous price discovery and catering to institutional demand for regulated crypto derivatives trading.
