Cryptocurrency Futures and Options Migration to 24-7 Trading
Starting at 4 p.m. Central Time on Friday, May 29, 2026, CME Group will expand cryptocurrency futures and options to 24/7 trading.
Cryptocurrency futures and options will trade continuously on CME Globex with at least a two-hour weekly maintenance period occurring on the weekend. All holiday or weekend trading from Friday evening through Sunday evening will have a trade date of the following business day, with clearing, settlement and regulatory reporting processed the following business day.
This topic outlines the necessary information for processing cryptocurrency 24/7 trading.
Contents
- 1 Revision History
- 2 Key Events and Dates
- 3 Testing and Certification
- 4 Summary of Impacts
- 5 24/7 Trading
- 5.1 CME Globex Maintenance Windows and Market Hours
- 5.2 24/7 Maintenance and Trading Schedule Examples
- 5.3 Product Scope
- 6 24/7 Client System Impacts
- 6.1 iLink Order Entry
- 6.1.1 Market Segment Gateway (MSGW)
- 6.1.2 Convenience Gateway (CGW)
- 6.1.3 Good Till (GT) Order Elimination
- 6.1.4 iLink Session Support Summary
- 6.1.5 Order Entry Service Gateway
- 6.1.5.1 New Release
- 6.1.5.2 Production
- 6.2 Drop Copy
- 6.3 Market Data Support
- 6.4 Straight Through Processing
- 6.5 Reference Data API
- 6.6 CME ClearPort
- 6.7 CME Direct
- 6.8 CME DataMine
- 6.9 FirmSoft
- 6.10 Credit and Risk Management
- 6.11 Network Connectivity Details
- 6.12 Summary of Impacts for 5 Day Cryptocurrency Trading
- 6.13 Contact Information
- 6.1 iLink Order Entry
Revision History
Date | Description |
|---|---|
April 16, 2026 |
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April 13, 2026 | Added the following information:
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April 9, 2026 | Updated Maintenance and Trading Schedule, and Future Schedule times for the following market states; close, pause, pre-open, no-cancel, open |
April 7, 2026 | Updated availability date for Production Access to new 24/7 CME Globex Convenience Gateway (CGW) sessions to Sunday, May 3, 2026 |
March 31, 2026 | Updated the New Settlements and Valuations Support section |
March 25, 2026 |
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March 23, 2026 |
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March 20, 2026 | Key Events and Dates - updated New Release launch to April 2, 2026 and Production Streamlined CME CF-Rates and Indexes channel to March 29, 2026 |
March 18, 2026 | Order Entry Service Gateway - added production market segment gateway and convenience gateway connection details, including impact on 5 and 7 day trading clients |
March 17, 2026 | Updated the following sections:
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March 11, 2026 | Updated MDP 3.0 Security Definition flat file availability schedule |
March 9, 2026 | Updated FirmSoft weekend availability details |
March 6, 2026 | In section Straight Through Processing, added “Customers wanting to leverage STP for crypto 24/7 need to migrate to GCP connectivity, not available on-prem.” Added to Key Events and Date: Sunday, March 15, 2026 - New Release Streamlined CME CF-Rates and Indexes channel 214 Launch |
March 4, 2026 |
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March 2, 2026 | Clarified Network Connectivity Updates for Market Segment 74 and Production Network Connectivity Testing with connectivity testing details |
February 25, 2026 | Added the following information:
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February 25, 2026 | Updated Key Events and Dates and Testing and Certification with additional information to test network connectivity |
February 19, 2026 | Updated daily maintenance security status from pause to close |
February 18, 2026 | Initial publication |
Key Events and Dates
Date | Milestone |
|---|---|
Sunday, March 15, 2026 | Network Connectivity Updates for Market Segment 74 Throughout the Segment 74 IP migration period, client systems may utilize heartbeat messages for connectivity testing every Saturday from 5:00 a.m. to 3:00 p.m. CT |
Sunday, March 15, 2026 | New Release Streamlined CME CF-Rates and Indexes channel 214 Launch |
Sunday, March 29, 2026 | Production Streamlined CME CF-Rates and Indexes channel 214 Launch |
Thursday, April 2, 2026 | New Release Launch includes support for:
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Sunday, April 12, 2026 | Clients can request new production CGW iLink and Drop Copy Globex sessions. |
Sunday, May 3, 2026 |
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Friday, May 29, 2026, starting at 4:00 p.m. CT | Production Launch
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Testing and Certification
Certification is not required for customer systems already certified to CME MDP 3.0 Market Data, iLink Order Entry, and Drop Copy 4.0 Service for iLink. Testing is strongly encouraged.
New release testing is available from Sunday, 5:00 p.m. Central Time (CT) to Friday, 4:00 p.m. CT. Weekend testing is not available.
Summary of Impacts
For a summary of the information in this topic, see the Cryptocurrency Futures and Options Expansion to 24/7 Overview.
Migration of cryptocurrency futures and options to 24/7 trading - (includes holidays, Saturday and Sunday)
MDP 3.0 channels 326 and 327 will migrate to 24/7 trading
New Convenience Gateway (CGW) sessions are required for 24/7 trading
Clients who prefer five day trading can continue to use existing CGW sessions
The Globex Sunday startup will be eliminated for cryptocurrency futures and options
Sequence numbers for iLink, Drop Copy, and market data will reset to 1 during the new Saturday startup
On Friday, Good Till (GT) cryptocurrency orders will be eliminated for all clients who do not support 24/7 trading via CME Globex Credit Controls (GC2)
New CME CF Rates and Indexes Channel (214)
New Streamlined Block Trades Channel (235)
Network Connectivity Updates for Market Segment 74 for Market Segment (74)
24/7 Trading
This section describes technical front-end impacts for weekend trading with CME Group.
CME Globex Maintenance Windows and Market Hours
This section outlines schedule impacts for all clients trading cryptocurrency futures and options.
Maintenance windows are subject to extension; updates will be communicated via the Globex Notice.
Current Cryptocurrency Futures and Options Schedule
Day | Type | Close | Pre-Open/Open |
|---|---|---|---|
Sunday | Sunday startup | - | 4:00 to 5:00 p.m. CT |
Monday through Friday | Daily Maintenance Window (with Trade Date roll) | 4:00 to 4:45 p.m. CT | 4:45 to 5:00 p.m. CT |
Future Cryptocurrency Futures and Options Schedule
Day | Type | Close/Pause | Pre-Open/Open |
|---|---|---|---|
Saturday | Extended Maintenance Window | Close: 2:00 a.m. to 3:45 a.m. CT |
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Monday through Friday | Daily Maintenance Window (with Trade Date roll) | Close: 4:00:00 p.m. to 4:01:00 p.m. CT |
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Saturday Maintenance Window Processing Overview
The following section outlines Saturday maintenance processing for 24/7 trading.
Saturday Shutdown and Startup
Shutdown
At the beginning of the maintenance period, client systems will receive a MDP 3.0 - Security Status. Then CME Globex will send the iLink messages to iLink Execution Report - Elimination orders. Next, client systems will experience MDP multicast, TCP iLink and Drop Copy disconnections. At this point, clients should reset their books. CME Group recommends that clients and vendors restart their applications at this time and go through their own restart processes.
Startup
iLink order entry, Drop Copy and market data sequence numbers reset to 1 during the Saturday startup cycle. Client systems will re-establish connectivity to the MDP multicast groups and receive the following startup messaging:
The MDP 3.0 - Market Data Snapshot (tag 35-MsgType=W) messages on the Market Recovery feed are deleted for the impacted 24/7 channel. Tag 83-RptSeq for Market by Price (MBP) book updates resets to 1 for each instrument repeating group.
CME Globex disseminates incremental real-time market data for that channel and client systems can process the data. A MDP 3.0 - Market Data Incremental Refresh (tag 35-MsgType=X) message will be sent with an empty End of Event indicator if no other information is available. If session statistics are available, they will be republished via the normal Incremental Refresh messaging:
Current session trade volume
Price levels in the order books
Highest and lowest trade
MDP 3.0 - Security Status messages containing market states (per instrument group) will be sent for the 24/7 channel. Then any instrument states that are different from the instrument group state are sent (e.g., Forbidden/Halted instruments).
Pre-registered administrative information will be removed during the Saturday maintenance window. Clients must re-submit their iLink Party Details Definition Request following the pre-open on Saturday.
24/7 Maintenance and Trading Schedule Examples
This section provides examples for 24/7 trading.
Example 1 - Typical Maintenance and Trading Schedule
The following is a Maintenance and Trading Schedule example for swap-based event contracts. CME Globex communicates the instrument’s open and close messages via the MDP 3.0 - Security Status (35=f).
Day | Schedule | Type | Trade Date | Notes |
|---|---|---|---|---|
Friday |
| Daily maintenance | Monday trade date after open |
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| Extended maintenance | Monday trade date | Sequence numbers will reset. | |
Sunday | Trading session continues | Monday trade date |
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Monday |
| Daily maintenance | Tuesday trade date after open |
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Tuesday |
| Daily maintenance | Wednesday trade date after open |
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Wednesday |
| Daily maintenance | Thursday trade date after open |
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Thursday |
| Daily maintenance | Friday trade date after open |
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Example 2 - Monday Holiday Trading Schedule
In the below example, Monday is a holiday. Therefore, there is no Monday daily maintenance, and the trade date is Tuesday.
Day | Schedule | Type | Trade Date | Notes |
|---|---|---|---|---|
Friday |
| Daily maintenance | Tuesday trade date after open |
|
Saturday |
| Extended maintenance | Tuesday trade date | Sequence numbers will be reset. |
Sunday | Trading session continues | Tuesday trade date |
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Monday | Holiday - trading session continues | Tuesday trade date |
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Tuesday |
| Daily maintenance | Wednesday trade date after open |
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Wednesday |
| Daily maintenance | Thursday trade date after open | |