Scope Prime, the institutional arm of Rostro Group, has launched 24/7 liquidity for contracts for difference on Brent and WTI crude oil, extending its around-the-clock trading offering beyond precious metals.

Following the rollout of its 24/7 gold and silver CFDs earlier this year, Scope Prime has expanded its continuous trading offering to oil. The company said the move makes it one of the first prime of prime brokers to provide continuous over-the-counter CFD liquidity for oil markets.

Oil Trading Pushes Beyond Market Hours

The product is intended for institutional clients, including brokers and funds that hold energy-related positions outside the trading hours of traditional exchanges.

The launch comes as continuous oil trading gains momentum across the industry. Earlier this month, the US Commodity Futures Trading Commission paused CME Group's proposed 24/7 trading for a new 10-barrel WTI crude oil futures contract pending further regulatory review, although the exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term has already rolled out 24/7 gold futures.

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At the same time, several OTC and crypto-native trading venues have expanded weekend and around-the-clock access to oil-linked products, reflecting growing demand for hedging tools outside traditional market hours.

Daniel Lawrance, Chief Executive Officer of Scope Prime, said demand for continuous trading had increased following the launch of the firm's precious metals products.

"Gold proved that demand for always-on markets is real," Lawrance said. He added that the company chose oil next because "the needs of the market are most acute."

Oil Traders Seek Weekend Risk Protection

According to Scope Prime, events that influence oil prices, including OPEC+ production decisions, sanctions announcements and infrastructure disruptions, often occur after markets close on Friday and before they reopen on Sunday. During that period, firms with energy exposure may be unable to hedge positions, increasing the risk of price gaps when trading resumes.

The company said brokers can also face margin shortfalls and negative balance Negative Balance In its most basic form, a negative balance represents an account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.In the retail brokerage space, this phenomenon occurs when a position’s losses in an account exceeds the available margin on hand from a given trader. When a trader place In its most basic form, a negative balance represents an account balance in which debits exceed credits. A negative balance indicates that the account holder owes money. A negative balance on a loan indicates that the loan has not been repaid in full, while a negative bank balance indicates that the account holder has overspent.In the retail brokerage space, this phenomenon occurs when a position’s losses in an account exceeds the available margin on hand from a given trader. When a trader place Read this Term events if prices move sharply over the weekend while client positions remain open.