According to TechFlowPost, the CFTC is considering blocking CME’s plan to introduce 24/7 crude oil contracts. The item centers on a regulatory matter involving a derivatives regulator and a major futures trading venue, with the main issue being whether crude oil contracts can be offered in an around-the-clock format.
The input item does not disclose the specific reasons behind the CFTC’s consideration, nor does it provide a launch date, contract specifications, or procedural details related to CME’s plan. Based on the available information, this is a policy and regulation update focused on crude oil derivatives trading hours and regulatory review.
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