CME no longer takes weekends off—gap arbitrage traders are fired on the spot, and they’ll have to find new alpha going forward.

View Original
WuSaidBlockchainW
CME Group announces the official entry into the 24/7 cryptocurrency market, starting this Friday, CME Bitcoin futures and options will be available for 24/7 trading on the Globex electronic trading platform, with only a 60-minute system maintenance pause between 18:00 and 19:00 UTC+8 every Sunday. This structural change means that the long-standing "CME gap" caused by weekend trading halts will effectively disappear, as traders previously exploited price dislocations between Friday's close and Sunday's open for arbitrage and position adjustments. (CoinDesk)
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned