CME said, pending regulatory review, it will offer 24/7 trading for new, smaller
crude and gold futures. The new crude contract will be one-tenth the size of
CME’s micro WTI and is scheduled to launch on Aug. 30. CME’s existing 1-ounce
gold futures will move to around-the-clock trading from July 26. Derek Sammann,
head of global commodity markets, said regulated 24/7 products will allow
traders to manage exposures immediately amid geopolitical uncertainty.