Financial MarketsCMEUpdated 12 hours ago

CME Outage Disrupts Global Trading for Over 10 Hours

A significant outage at the Chicago Mercantile Exchange (CME) caused by cooling issues at a private equity-owned data center disrupted trading for over 10 hours, affecting financial markets across Asia and Europe. Despite the restoration of most operations, the incident raised serious concerns about the reliability of critical trading infrastructure during peak market hours.

Financial MarketsCME

Updated 12 hours ago

CME Outage Disrupts Global Trading for Over 10 Hours

Related Articles (9)

Fortune12 hours ago

Worldwide markets roiled by data-center snafu in Chicago suburb

NegativeFinancial Markets

A significant outage at the Chicago Mercantile Exchange (CME) caused by an overheated data center disrupted trading for over 10 hours, affecting vast parts of the global financial system. Despite assurances from CME that the issue would be resolved quickly, the incident raised alarms about the reliability of critical trading infrastructure.

Read full article

via Fortune

The Wall Street Journal2 days ago

A Chicago Data Center Overheated—and Shut Down Trade in Key Markets Across the Globe

NegativeFinancial Markets

A significant outage at the Chicago Mercantile Exchange (CME) lasted over 10 hours, disrupting trading in equity, bond, and commodity futures. The incident was traced back to a private equity-owned data center, which raised concerns about the reliability of critical trading infrastructure.

Read full article

via The Wall Street Journal

The Wall Street Journal2 days ago

Financial Services Roundup: Market Talk

NeutralFinancial Markets

The Chicago Mercantile Exchange (CME) experienced a significant outage due to cooling issues at a data center, disrupting trading operations across multiple financial markets in Asia and Europe. Most trading operations have since been restored, concluding a challenging week for the exchange.

Read full article

via The Wall Street Journal

Investing.com2 days ago

US futures, options resume after CME outage underscores resilience concerns

NeutralFinancial Markets

The Chicago Mercantile Exchange (CME) has resumed trading after a significant outage that lasted over 10 hours, disrupting futures trading in various markets including equities, bonds, and commodities. This outage was caused by a cooling issue at CME's data centers, which raised concerns about the reliability of trading platforms during critical market hours.

Read full article

via Investing.com

Bloomberg2 days ago

CME Restarts Most Trading Operations After Outage

NeutralFinancial Markets

The Chicago Mercantile Exchange (CME) has successfully restored most of its trading operations after a significant outage caused by cooling issues at a data center. This disruption affected multiple financial markets across Asia and Europe, occurring during a holiday-shortened trading week in the US. Volume remained light due to the Thanksgiving holiday.

Read full article

via Bloomberg

Bloomberg3 days ago

The Private Equity-Owned Data Center Behind Giant CME Outage

NeutralFinancial Markets

A significant outage at the Chicago Mercantile Exchange (CME) was traced back to a private equity-owned data center, disrupting trading for over 10 hours and affecting global markets. This facility, located west of Chicago, handles an estimated $25 quadrillion in notional trade volume daily, highlighting its critical role in the financial ecosystem.

Read full article

via Bloomberg

Bloomberg3 days ago

CME Trading Is Restored to Wrap Up Week After Hours-Long Outage

PositiveFinancial Markets

The Chicago Mercantile Exchange (CME) successfully restored trading operations after a significant technical outage that disrupted financial markets across Asia and Europe, concluding a holiday-shortened week in the US. The outage lasted several hours, impacting various trading activities before normal operations resumed.

Read full article

via Bloomberg

Bloomberg3 days ago

Traders Around the World Left Hanging After Glitch Took Out CME

NegativeFinancial Markets

A significant glitch at the Chicago Mercantile Exchange (CME) left traders around the world unable to execute trades, effectively shutting down operations for over 10 hours. This outage disrupted futures trading in equities, bonds, and commodities, raising concerns about the reliability of the exchange's infrastructure.

Read full article

via Bloomberg

The Wall Street Journal3 days ago

U.S. Futures, Global Markets Mixed; CME Failure Disrupts Trading

NegativeFinancial Markets

U.S. markets were poised for a rise before a significant outage at the Chicago Mercantile Exchange (CME) disrupted futures trading, impacting various financial markets globally. The outage was attributed to cooling issues at a data center, which caused trading interruptions across Asia and Europe as well.

Read full article

via The Wall Street Journal