CFTC Considers Blocking CME’s 24/7 Oil Contract Bid

🇺🇸 Bloomberg (US) —

AI Summary

The US Commodity Futures Trading Commission (CFTC) is considering blocking CME Group's application to launch a 24/7 oil trading contract. This regulatory scrutiny highlights tensions between the regulator and CME regarding oil futures market products.

The US Commodity Futures Trading Commission is considering whether to block CME Group Inc.’s bid to launch a round-the-clock oil contract, heightening tensions between the market stalwart and its regulator.

Politics Markets Deals Commodities Energy CFTC CME Group oil contract market regulation commodity futures United States

Read original source →