CME Group hits CFTC roadblock as 24/7 crude futures face delay
The post CME Group hits CFTC roadblock as 24/7 crude futures face delay appeared on BitcoinEthereumNews.com. CME Group has faced a regulatory setback after the U.S. Commodity Futures Trading Commission delayed the immediate launch of its planned 24/7 crude oil futures trading. Summary The CFTC has delayed CME Group’s planned 24/7 crude oil futures launch pending further regulatory review. Regulators said CME’s self-certified filing requires additional examination due to legal and market concerns. Despite the setback, CME still expects to launch Treasury Link in Q4 2026, subject to approval. According to a press release issued by the U.S. Commodity Futures Trading Commission, the agency invoked its authority under existing regulations to temporarily halt the listing process for CME Group’s proposed around-the-clock crude oil futures contract. The decision came after CME chose to self-certify the product while the regulator was still reviewing the implications of continuous futures tradi