Explore Companies BySectors & Categories
Explore Companies ByUse Cases
Explore Companies ByProducts & Services
Explore Companies ByRankings & Reviews
Featured NewsCompaniesMarketsCryptoTechRegulatoryCommentaryUKUSWorldMore

    Latest Wires

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy

      CME announces expansion of WTI Options to include Monday and Wednesday expiries

      Published: just now

      CME announces expansion of WTI Options to include Monday and Wednesday expiries

      June 27, 2023 - The CME announced plans to expand WTI Crude Oil options to include Monday and Wednesday expiries. Pending regulatory review, the new contracts will begin trading on July 31, 2023.

      "Weekly WTI Crude Oil options are CME Group's fastest growing energy products, and we are pleased to provide market participants with flexibility to manage volatility through our expanded Monday and Wednesday expiries," said Peter Keavey, Global Head of Energy at CME Group. "Global oil markets increasingly revolve around WTI as the central price setter, and WTI is the only crude oil benchmark with robust, around the clock liquidity in Friday Weekly options, with 15% of on-screen volume occurring during non-U.S. trading hours and 30% of all trades originating from outside of the U.S."

      Volatility in crude oil markets can be significantly impacted by market-moving events such as OPEC announcements, EIA reports, cargo loading schedules and geopolitics. With expirations now on Monday, Wednesday and Friday, Weekly options allow for more precise risk management strategies to manage short-term price risk.

      "Oil markets are dynamic and subject to geopolitical and supply events. Weekly WTI Crude Oil options allow market participants to purchase short-term protection against surprise announcements that can move markets quickly in any direction," continued Keavey. "With crude oil volatility here to stay, we are seeing market participants turn to these products in record numbers this year."

      Average daily volume (ADV) in Weekly WTI Crude Oil options is approximately 8,900 contracts, up 69% year-over year. Average daily open interest (ADOI) is approximately 20,000 contracts, up 77% year-over-year. ADV in the week leading up to the OPEC+ meeting on June 4 reached 13,700 contracts, its highest ever. 

      Weekly WTI Crude Oil options are listed by and subject to the rules of NYMEX. For more information and for full contract specs, please visit here.

      We're the largest marketplace to connect with brokers, Fintech companies & digital asset firms. Want to partner? Let's get in touch.

      This content may have been written by a third party. LiquidityFinder makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or other information supplies by any third-party. This content is information only, and does not constitute financial, investment or other advice on which you can rely.
      Comments
      Most Recent
      Written By
      profile image formember on LiquidityFinder
      Founder & CEO, LiquidityFinder

      Founder of LiquidityFinder. 25+ years in Financial Markets technology. Now building the world's financial markets social network / marketplace.

      Daily Newsletter

      LF Daily News

      Daily industry focused newsletter giving you an overview for the financial & finTech industry.

      See All Newsletters
      By clicking "Sign Up" you are agreeing to our Terms of Service and Privacy Policy
      RSS Feeds

      Create a custom RSS Feed

      Select the categories and companies you wish to follow directly to your person rss feed.

      Create Custom RSS Feed

      Related Categories:

      Related Tags:

      #CMEGroup#WTICrudeOil#WeeklyOptions#EnergyMarkets#NYMEX#VolatilityManagement#OPECPlus

      Related Articles:

      Find The Right Partners for
      Your Trading Business

      Sign up and join over 5,000 professional members who receive personalized news alerts, curated professional connections, and more for free!

      Create Your FREE Account
      Get access to latest news, updates, real-time data, brokerage and trading firm insights and customized information feeds.

      CME Group will launch Bitcoin Cash and Uniswap futures on 19 October, pending regulatory review, expanding its crypto derivatives suite with standard and micro contracts. Executives from CME Group, Volatility Shares and Ripple Prime say the products give institutions broader, regulated tools for managing digital asset risk.

      just now

      ATARIA CRM helps brokers manage a growing client base by bringing client information into one organized platform. It highlights key client statuses such as total, active, inactive, and blocked clients, making it easier for teams to track records, manage communication, automate follow-ups, personalize engagement, and use data insights to strengthen relationships, improve collaboration, save time, and support business growth.

      just now

      The biggest macro events of Q3 may be behind us. Now comes the next question: what happens when the market starts separating companies rather than trading the macro narrative? Following the Fed’s 25-basis-point hike, a flattening yield curve and sharply elevated tanker rates, the investment landscape is shifting. The same forces can create very different pressures across technology, energy, financials, industrials and consumer sectors. In this week’s BitDelta Pro Weekly Outlook, we look beyond the headlines to examine where those differences may start to matter most. Read the full article for our breakdown of the rate path, the inflation signal hiding in shipping costs, and the sector dynamics taking shape. BitDelta Securities Financial Services LLC, regulated by the Capital Market Authority under Category 5 (Introduction Only), acts solely as an introducer and does not provide trading, execution, dealing, advisory, portfolio management, or custody services. All trading, execution, and investment-related services are provided by BitDelta Limited, Mauritius, a licensed Investment Dealer. All trading and investments involve risk. The value of investments may fluctuate, and you may receive less than your initial investment.

      just now

      An analysis of how Federal Reserve policy, geopolitical risks in the Persian Gulf, and shifting global yields drive the US Dollar (DXY) near the 100.3 level, alongside market scenarios and technical outlooks.

      just now

      Gold holds weekly support as XAUUSD breaks above its daily EMA. Explore key support and resistance levels and the next bullish confirmation.

      just now

      Detailed market analysis and technical outlook for WTI Crude Oil prices near $100 per barrel for the week of September 21 to 25, 2026, combining macroeconomic drivers, EIA inventory data, and key chart indicators.

      just now

      Learn how to convert custom Gold (XAUUSD) price action tutorials into MetaTrader 5 AI prompts using external AI, analyze live charts, audit risk, and auto-generate MQL5 code.

      just now

      MarketsVox has introduced 24/7 trading on Gold, Silver, WTI and Brent crude CFDs, giving clients round-the-clock access to key commodity markets. The launch is part of the broker's 2026 roadmap, alongside Client Area and Partner Area updates. CEO Joe Roeder says clients "should not have to wait for a trading session to open."

      just now

      DXtrade, Devexperts' flagship multi-asset trading platform, has become one of only two platforms approved by Indonesia's Bappebti. The approval authorises DXtrade for licensing by commodity futures and derivatives brokers in Indonesia, and is expected to support future applications to OJK, including for digital asset services.

      just now
      Feed