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CME Group to offer around-the-clock crude and gold trading, Tracy Shuchart reveals
Tracy Shuchart, independent trader and strategist at Independent / Trader, announced that CME Group will introduce 24/7 trading for crude and gold contracts this summer.
According to Shuchart, the new crude contract will trade under the symbol TCL and will be 1/10 the size of the current micro contract, starting August 30. The gold contract will use the existing 1 OZ contract.
Shuchart has previously commented on sector drivers and policy events. She reported that AI stocks were the primary factor in S&P 500 gains as the index posted 11 record closes in May. In a separate update, Shuchart highlighted market anticipation ahead of Warsh's first FOMC meeting on June 17.
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