La CFTC envisage de bloquer le lancement par le CME de contrats pétroliers négociés 7j/7 et 24h/24

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Mars Finance news, June 15th, according to Bloomberg, the U.S. Commodity Futures Trading Commission (CFTC) is considering whether to block the application by the Chicago Mercantile Exchange Group (CME Group Inc.) to launch a 24/7 crude oil contract, which has intensified tensions between this market giant and its regulators. The main concerns of the CFTC include high volatility during non-trading hours (such as geopolitical events), difficulty in market monitoring, risk management, and others. The Chicago Mercantile Exchange Group announced on Thursday that it will launch 24/7 trading for some crude oil and gold futures contracts, operating seven days a week, 24 hours a day. An anonymous senior official from an institution stated that this news surprised U.S. derivatives regulators, and the official requested anonymity due to confidential deliberations.
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