CME Group & Robinhood Markets

CME Group: CME Group launched 24/7 trading for Cryptocurrency futures and options, expanding its offerings and solidifying its position as a leading derivatives marketplace for digital assets. This move is expected to increase its trading volume and market share in the crypto derivatives space.

Robinhood Markets: Robinhood Markets supports CME Group's 24/7 crypto futures and options trading, allowing its users continuous access to regulated futures contracts. This enhances Robinhood Markets' offerings to its client base.

CME Group: CME FedWatch Tool data is used to gauge rate hike probabilities, reflecting market expectations.

Robinhood Markets: Robinhood advanced 5.5% in premarket trading, supported by the crypto rally.

CME Group: CME Group provides data that traders use to assess the probability of United States — Federal Reserve interest rate changes.

Robinhood Markets: Robinhood Markets' stock rose in conjunction with the increase in Bitcoin's price, benefiting from positive sentiment in the crypto market.

CME Group: CME Group provides data indicating a reduced probability of a United States — Federal Reserve rate hike, reflecting market expectations.

Robinhood Markets: Robinhood Markets rose significantly, benefiting from the increase in Bitcoin's price and general crypto industry strength.