PolicyFinancial Postabout 4 hours ago
CFTC Considers Blocking CME's 24/7 Oil Contract Bid
1 min read
The CFTC is considering blocking CME Group's bid to launch a 24/7 oil contract, citing concerns that round-the-clock trading could worsen volatility during geopolitical stress. The new oil-linked contract, one-tenth the size of the existing Micro WTI futures, is slated for release on Aug. 30.
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