CryptoCME Group futures go dark following major data center...

CME Group futures go dark following major data center disruption

-


Key Takeaways

  • CME Group halted futures trading on the Globex platform due to technical issues related to datacenter overheating.
  • The disruption affected access to quotes and positions for commodities such as precious metals and agricultural products.

Share this article

CME Group, the world’s leading derivatives marketplace, on Friday halted futures trading on its Globex platform due to technical issues involving overheating problems at datacenters.

The disruption affected access to futures quotes and positions in commodities including precious metals, agricultural products, and other asset classes. The technical problems impacted trading operations across CME Group’s futures and options markets.

The timing proved particularly notable as the halt coincided with expectations of significant activity in silver and gold futures, with precious metals positioned for potential upward movements when the technical issues occurred.

CME Group provides a diverse range of futures and options products focused on risk management across various asset classes including agriculture and precious metals through its derivatives marketplace.



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

Arthur Hayes says equity price discovery will shift to 24/7 crypto perpetual markets

Arthur Hayes predicts equity price discovery...

Former OpenSea manager’s insider trading conviction overturned

Nathaniel Chastain, a former OpenSea product manager, had his insider trading conviction overturned on appeal. Source link

Redwood Materials reportedly cuts 5% of staff after $350M raise

Fresh off a $350 million raise, battery recycler and cathode-maker Redwood Materials is reportedly cutting around 5% of...

Libra Trust Launches out of the Blue to ‘Empower’ Argentine Companies

Out of nowhere, an organization has emerged that claims it will invest funds obtained through the Libra token...

Advertisement

Upbit Suffers $36M Solana Hot-Wallet Hack

Upbit is investigating a major security incident after tens of millions of dollars in Solana-based tokens were drained...

Tether claims billions in profits as it grows ‘secured loans’

Tether, the world’s largest stablecoin company, has continued to grow its secured loans business even after promising to...

Must read

You might also likeRELATED
Recommended to you