CME Group Launches 24/7 Gold and WTI Crude Oil Futures in July and August

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According to Bloomberg, CME Group announced plans to introduce 24/7 trading for gold and WTI crude oil futures products. Micro WTI crude oil futures contracts, sized at one-tenth of the existing WTI contract, will launch on August 30. One-ounce gold futures contracts will begin 24/7 trading support on July 26.

Both products will trade on NYMEX and COMEX respectively, subject to regulatory approval, and will settle in cash.

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