Why did CME trading halt on Friday?

CME trading halted on Friday due to a cooling issue at one of its data centers.

CME Group is the world's largest and most diverse derivatives exchange, trading futures and options across various asset classes.

What markets were affected by the CME halt?

The halt affected futures and options trading in agricultural commodities, energy, metals, and equities.

Home / Business and Economy / Trading Halted: Data Center Glitch Freezes CME Markets

Trading Halted: Data Center Glitch Freezes CME Markets

28 Nov

•

Summary

A cooling issue at a data center caused trading to halt on Friday.
CME Group is the world's largest and most diverse derivatives exchange.
The halt affected futures and options across agricultural, energy, metals, and equities.

Trading Halted: Data Center Glitch Freezes CME Markets

Trading on the Chicago Mercantile Exchange (CME) was brought to a standstill on Friday following a critical cooling issue within one of its data centers. This technical problem led to an immediate suspension of all market activities.

The statement from CME indicated that the halt was directly caused by a cooling failure at a CyrusOne data center. Support staff were actively engaged in resolving the situation with the goal of restoring operations as quickly as possible. Clients were to be updated on the pre-open details once a resolution was achieved.

This disruption affected the trading of futures and options on a wide array of asset classes, encompassing agricultural commodities, energy, precious metals, and equities, underscoring the exchange's broad market influence and the impact of such technical failures.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.