TechFlow reports that on June 15, according to Bloomberg, the U.S. Commodity Futures Trading Commission (CFTC) is considering blocking the Chicago Mercantile Exchange (CME Group)’s plan to launch around-the-clock crude oil and gold futures contracts. CME previously announced its intention to launch 24-hour, seven-day-a-week crude oil and gold futures contracts; however, this announcement caught the CFTC by surprise, escalating tensions between the two parties.
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