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CME Group Adds Smaller-Sized, 24/7 Contracts for WTI Crude Oil and Gold

From cmegroup.com

CME Group, the world's leading derivatives marketplace, today announced that it will offer 24/7 trading for new, smaller-sized crude oil and gold contracts, pending regulatory review. The new oil contract will be 1/10th the size of CME Group's existing Micro WTI futures and will launch on August 30. 24/7 trading for the company's existing 1-Ounce Gold futures will begin on July 26. "Traders are increasingly looking to diversify their portfolios across commodity markets in the face of geopolitical uncertainty," said Derek Sammann, CME Group Senior Managing Director and Global Head of Commodities Markets. "Our new ... (full story)

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