CME Futures Trading Halted After Data Center Cooling System Fails
The Chicago Mercantile Exchange (CME) Group suspended all futures and options trading early Friday following a cooling system failure at a CyrusOne data center. The disruption impacted Globex futures, EBS foreign exchange markets, and BMD markets, freezing price updates for WTI crude, 10-year Treasurys, and S&P 500 futures during Asian and European trading hours.
As the world's largest derivatives exchange by market value, the outage rippled across commodities, energy, and equity index products. CME's technical teams scrambled to resolve the issue but provided no restoration timeline, leaving traders in limbo during thin post-Thanksgiving liquidity.