Scope Prime Launches 24/7 Oil CFD Liquidity Amid Industry Shift

Scope Prime, the institutional arm of Rostro Group, has launched 24/7 liquidity for Brent and WTI crude oil CFDs. This move positions Scope Prime among the first prime-of-prime providers to offer continuous institutional oil trading.

The launch comes as exchange operators, such as CME Group, work towards introducing similar initiatives. CME plans to introduce a cash-settled 10-barrel WTI futures contract with 24/7 trading from August 30, subject to regulatory approval. Meanwhile, crypto-native derivatives venues have demonstrated growing demand for continuous commodity markets.

Spying on the oil market's behavior during off-hours is key. Unlike many financial assets, oil prices are driven by geopolitical events that occur outside conventional trading hours. OPEC+ production decisions, sanctions announcements, military conflicts, and pipeline disruptions can create significant risk for firms carrying energy exposure.