Svmuureports that the CME (Chicago Mercantile Exchange) has transitioned its Bitcoin futures and options on the Globex platform to 7×24 trading starting Friday, ending the previous fixed closure period from Friday to Sunday. This also puts an end to the so-called "CME gap" that had been observed during the weekend market closure.
Despite the change in trading mechanism, market liquidity remains concentrated in ETF options and offshore perpetual swaps. The open interest of IBIT options is significantly higher than that of CME's crypto options market.
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CME launches 7×24 trading of Bitcoin futures and options from Friday
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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