The Chicago Mercantile Exchange (CME) trading activity was halted on Friday after a cooling malfunction occurred at one of its data centers. According to a CME spokesperson, the halt affected markets due to the cooling problem at CyrusOne data centers, and technical teams were working to resolve the issue, with clients to be informed about pre-opening procedures as soon as information became available.
The exchange noted that it could take some time for updates on affected contracts to appear once trading resumes. The disruption impacted a range of platforms, including Globex futures and options, the EBS foreign exchange platform, and BMD markets.
As of 3:57 AM ET, prices for contracts such as WTI crude, U.S. 10-year Treasurys, and the S&P 500 had not been refreshed, based on data from LSEG.
CME, recognized as the world’s largest exchange operator by market value, facilitates futures and options trading across multiple asset classes like agricultural products, energy, metals, and equities.
The exchange had previously experienced similar disruptions; in 2014, technical difficulties caused an outage on the Globex electronic system, affecting agricultural contracts. In a separate incident last year, stock, bond, and ETF trading in Switzerland was temporarily suspended after the SIX stock exchange faced data dissemination issues.
