Jin Hennig, Managing Director and Global Head of Metals at CME Group, framed the weekend activity as a response to the reality that global events do not pause for the weekend. The launch of the 1-Ounce Gold futures, which debuted in January 2025, aims to provide a regulated, right-sized vehicle for investors seeking to manage their gold exposure at any time of the day or week.
CME Group Sees Strong Weekend Demand for 24/7 Gold Futures
Nearly 15,000 gold futures contracts changed hands during the first weekend of CME Group’s new 24/7 trading schedule, representing roughly $60 million in notional value. This initial surge highlights a growing appetite among retail traders for round-the-clock access to regulated precious metals markets outside traditional business hours.
Partners like Robinhood Derivatives have already integrated the service to provide real-time digital access to the metal. Adam Hickerson, Senior Director and Chief Operating Officer at the firm, emphasized the importance of offering regulated contracts that operate across any time zone. This expansion arrives as CME Group reports record-breaking growth in its metals business, which saw an average of 1.3 million contracts traded daily in the first half of 2026, marking a 55% increase compared to the previous year.
Comments (0)
No comments yet. Be the first!