Leading TradFi Derivatives Marketplace CME Group Expands Crypto Offerings to 24/7

Core Insights - CME Group is expanding its cryptocurrency offerings to include 24/7 trading for futures and options, responding to client demand for continuous trading opportunities [1][3] - The new trading schedule is expected to commence by early 2026, pending regulatory approval, with trades executed during TradFi market closures being dated to the next business day [2] Company Overview - CME Group holds the highest notional value in certain products globally and ranks among the top 10 in others, being the third-largest marketplace by the number of contracts available for trading [4] - As of September 18, the crypto notional open interest at CME Group reached a record $39 billion, with an average of 335,200 open contracts daily in August [4] Market Context - The cryptocurrency derivatives market extends beyond CME Group, with significant activity occurring on crypto-native centralized platforms and increasingly on decentralized exchanges [6] - Total open interest in the cryptocurrency derivatives market is currently $218.48 billion, reflecting a 3.35% increase in the last 24 hours, with Bitcoin and Ethereum leading in open interest [7] - Other traditional finance companies, such as Nasdaq, are also expanding their crypto offerings, indicating a broader trend towards a more crypto-friendly regulatory environment [7]