Don't stare blankly at your positions on weekends anymore! The Chicago Mercantile Exchange embraces a 24/7 model and announces the round-the-clock trading of WTI crude oil and gold contracts.

Wisdom Financial APP learned that the Chicago Mercantile Exchange Group (CME) announced on Thursday in US Eastern Time that the exchange plans to provide 24/7 trading for new and smaller crude oil futures contracts as well as its existing gold futures contracts. This means that these contracts will now have trading services available 24 hours a day, seven days a week. For the global capital markets, this means that the price discovery mechanism for commodities is shifting from "exchange trading hours" to "pricing as events occur". The direct background for this adjustment is the Middle East geopolitical conflict, which has created a structural pain point in the energy market where there is "weekend trading risk". Although traditional crude oil and gold futures contracts are close to trading 24/7, there are still trading pauses during weekends and holidays.