Wintermute launches 24/7 crude oil CFD trading to meet demand for weekend liquidity
New OTC offering gives counterparties leveraged oil exposure beyond traditional market hours
24 Mar 2026
Announcements
Wintermute Asia has launched West Texas Intermediate, or WTI, crude oil CFDs through its OTC desk. Institutional counterparties can now trade and hedge the world’s leading energy benchmark 24/7, including weekends and holidays. By using digital asset infrastructure, Wintermute removes weekend gap risk and gives counterparties a way to respond to volatility immediately, with zero-fee trading and a wide choice of fiat and crypto collateral.
SINGAPORE, March 24, 2026 — Wintermute Asia, the digital asset derivatives trading arm of Wintermute Group, a global algorithmic trading firm and leading OTC desk in digital assets, today announced the launch of crude oil contracts for difference (CFDs) via its OTC desk.
The new offering gives Wintermute counterparties leveraged exposure to West Texas Intermediate (WTI) crude oil, one of the world’s most liquid energy benchmarks, around the clock, including during weekends and public holidays when traditional commodity venues are closed.
The launch follows a weekend in which geopolitical tensions drove oil higher while many traditional markets were closed. When markets reopened on March 23, WTI first jumped and then reversed by as much as 13.5% intraday. Market participants trading on traditional venues had little ability to hedge the initial spike or respond to the subsequent reversal until much of the move had already played out.
“We are seeing strong demand from counterparties looking to use digital asset infrastructure to trade traditional products like oil. The recent price action made that need much more immediate, as many investors were unable to act until traditional venues reopened,” said Evgeny Gaevoy, CEO of Wintermute. “A Wintermute counterparty could have traded the weekend move before the Monday gap or responded immediately to the reversal.”
Zero fee trading of WTI CFDs is available with a wide range of fiat and crypto margin collateral options and can be traded through chat, Wintermute’s electronic OTC trading platform, or API. The launch follows the recent addition of tokenized gold and further expands Wintermute Asia’s offering beyond crypto assets.
Wintermute Asia, the digital asset derivatives trading arm of Wintermute Group, a leading global algorithmic trading firm and one of the largest players in digital asset markets, aims to provide the most comprehensive OTC derivatives offering in the space. Leveraging its domain expertise from traditional markets and extensive access to diverse liquidity pools, the firm’s growing suite of derivative instruments includes options, forwards, NDFs, CFDs, and tailored products, all available in a wide range of tokens. Through a customized approach, Wintermute Asia can structure almost any trade for investors across both traditional and digital asset finance.
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