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📖 Day 1 · Quiz (Single Choic
Nearly half of the XRP futures trading on CME occurs during non-U.S. trading hours.
Gate News bot message, the Chicago Mercantile Exchange (CME) recently launched XRP futures, which seem to highlight the international appeal of this Crypto Asset, with nearly half of the volume occurring outside of US trading hours.
A CME spokesperson stated that regulated XRP futures (standard contracts and micro contracts) were launched for trading a week ago, with a total volume of 4,032 contracts over the first six trading days, valued at 86.6 million USD.
The spokesperson emphasized that "46% of the volume occurs during trading hours outside the United States," and nearly half of the trades come from participants outside the United States, indicating a high level of international participation in the XRP futures market.
Source: CoinDesk