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CME Group expands WTI crude oil and gold trading to a 7*24 all-day, all-time mode
BlockBeats News, June 12 — CME Group announced that after regulatory review, it will offer 7-day-a-week, 24-hour trading services for new smaller-sized crude oil and gold contracts. The new crude oil contract size will be one-tenth of the existing Micro WTI Crude Oil Futures contract and will be launched on August 30. The 24-hour trading of the company's existing 1-ounce gold futures contract will begin on July 26.
CME Group Global Head of Commodities Derek Sammann stated: "In the face of geopolitical uncertainties, providing regulated products with appropriate specifications, available 7 days a week and 24 hours a day, ensures traders can manage their risk exposure at any time when news occurs."